Displaying items tagged: Nuvescor Group LLC

Here's the MiBiz Growth Report for May 24, 2021.

NORTON SHORES — Seabrook Plastics Inc., a molder of plastic parts primarily for the automotive and defense industries, recently finalized the sale of its company to a fellow lakeshore-based plastic parts manufacturer.

This is the MiBiz Growth Report for April 11, 2021.

After a year of reporting on the COVID-19 pandemic, it becomes increasingly difficult to capture all of the nuanced and at times discordant effects it has had on businesses. While some have thrived or pivoted, many others have struggled to hold on or closed up shop. 

Here's the MiBiz Growth Report for December 6, 2020.

GREENVILLE — Machining and fabrication service provider FabX Industries Inc. has acquired an Indiana-based business that specializes in designing and manufacturing automation, assembly and test systems primarily for the automotive industry.

GRAND RAPIDS — A family-owned Grand Rapids manufacturer with 60 years of experience in polystyrene patterns and prototypes is changing ownership.

Grand Rapids-based snack food maker Cheeze Kurls Inc. has been acquired by a Florida private investment firm.

Mergers and acquisitions activity among plastics manufacturers has been uneven as the supply of assets shrinks, demand grows and threats to the economy build. 

GRAND RAPIDS — When advisers begin to prepare a business for a transition and sale, they also need to prepare the entrepreneur for what’s next.

Robotics and additive manufacturing markets have entered into a new phase of growth, ripened by an era in which maintaining the status quo is no longer viable for manufacturers who struggle to secure quality labor. That’s because robotic systems are enabling manufacturers to deliver higher quality parts and maximize throughput, said Mark Ermatinger, vice president of sales at Zeeland-based Industrial Control Service Inc., who does not see the “rise” of robots stopping anytime soon.

A small private equity firm started in Southern Michigan plans to invest in a niche area most investors ignore. In targeting small manufacturers in small towns and other rural markets across the state, Parma-based Fresh Water Ventures Fund LP seeks to acquire small businesses and maintain operations in their hometowns.

M&A professionals expect the dealmaking market to remain healthy in 2019. That’s one of the conclusions from a panel of executives MiBiz assembled to talk about West Michigan’s mergers and acquisitions sector.

Here is the MiBiz Growth Report for Oct. 29, 2018.

Mergers and acquisition activity remained strong in West Michigan through the third quarter, as many sellers opted to go to market while they can still get a good price for their businesses.

Here is the MiBiz Growth Report for Aug. 20, 2018.

GRAND RAPIDS — Manufacturer Midway Rotary Die Solutions has sold to a West Michigan-based private equity firm.

Here is the MiBiz Growth Report for Oct. 16., 2017:

Private equity investments in Michigan grew in 2016 with an increase in both deals and the amount of capital invested.

GRAND RAPIDS — Randy Rua left NuVescor Group LLC seven years ago to break out on his own and launch an M&A firm that focused on working with small business owners.

If you want to sell your business this year, you still have a pretty good chance of cutting a favorable deal as the seller’s market continues.