Rua Associates, LLC is pleased to announce the successful sale of a Michigan Plumbing and HVAC company to an Individual Buyer. Rua Associates proudly served as the exclusive mergers and acquisitions representative for the HVAC company.
The seller has been servicing and installing plumbing and heating and cooling equipment for residential and commercial customers for more than a quarter-century. The owners built and maintained an honest reputation by following responsible business practices, delivering high-quality work at a fair price, and attracting and retaining talented, experienced employees. Its service territory contains many large, waterfront homes and an abundance of new construction.
The Grand Rapids-based individual buyer has built successful Sales and Marketing teams for the past 20 years which have accomplished great growth, increased revenue, stronger brands, and happy customers. The buyer was ready to do it for his own company and he found a solid company with solid team members. The buyer had an interest in the trades and had a good understanding of the business. He was also looking for a company that was somewhat insulated from recession.
Nick Good, the advisor for Rua Associates in the deal, said, “This was an opportunity to bring a motivated and experienced buyer together with a seller that was ready to pass the reins onto a new owner. It is always exciting and rewarding to work closely with both parties to finalize a deal where everyone involved walks away happy at the end of the day.”
Rua Associates is a distinguished mergers and acquisition service provider headquartered in West Michigan and serves clients throughout Michigan and the Midwest. Their passion is discerning and exceeding client expectations through successful and timely business transactions. Rua Associates offers a complete array of professional buy and sell-side business brokers services, which includes corporate M&A outsourcing, to a growing network of clientele. For additional information, please visit https://ruaassociates.com/.
