Webinar

The Future of the Automation Industry: Is It Time to Buy or Sell?

October 18, 2023 10am CST | 11am EST Zoom Webinar

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Webinar: Are You an Automation or Manufacturing Business Owner Looking for the Next Big Move?

The automation and manufacturing industries are at a pivotal moment. Technological advancements, rising labor costs, and an ever-increasing need for productivity and quality are driving unprecedented growth. Business owners within this sector face a critical decision: Is now the time to sell?

Register today for a webinar that explores the current market trends and factors influencing the decision to sell an automation or manufacturing business. Whether you're approaching retirement, seeking new ventures, or simply curious about the future of the industry, get your questions answered and make your next steps with confidence.

What You Will Learn:

  • Market Trends: Understand the latest developments in the automation industry and how they impact your business.
  • Buy or Sell Decision Making: Gain insights into the factors that should guide your decision to buy or sell in the current market landscape.
  • Expert Perspectives: Hear from others as they share their experiences and insights on navigating the automation market.
  • Sell-Side Approach: Learn how NuVescor's sell-side services can support automation business owners considering a profitable exit while preserving their business legacy.

Who Should Attend:

  • Business owners within the automation or manufacturing industry looking to sell their companies
  • Founders or C-suite executives of automation businesses with revenues between $5M - $20M
  • Investors interested in the automation sector
  • Industry professionals seeking insights into the future of automation

 

Webinar Speakers

Randy Rua

President at NuVescor Group

Randy provides vision, leadership and extensive knowledge to guide NuVescor confidently towards its goals. He first experienced the M&A industry when he decided to purchase a business through a business broker. Later, as he worked closely with an M&A advisory firm to sell that business, Randy saw true value in working to fulfill dreams through successful business ownership transitions.

As he worked at a few firms over the next five years, Randy began developing his own unique process and experienced great success. Randy founded Rua Associates in 2010, and in 2016 he and his wife and business partner, Tami, decided to purchase NuVescor and apply Rua’s successful process to NuVescor’s clients, seeing immediate results.

Randy has a BS in Engineering from Calvin College and an MBA with a concentration in entrepreneurship from the University of Southern California. He is a Certified Business Appraiser through the National Association of Certified Valuators and Analysts, a Certified Exit Planning Advisor through the Exit Planning Institute, and a Certified Advisor for the Value Builder System. In addition, Randy has served as an adjunct professor at Calvin College and Grand Valley State University.

Adam P. Crandall

Chief Revenue Officer at Addtronics Group

Adam Crandall is an engaging Executive possessing a winning blend of strategy, business development, operations, leadership, client relationship management, negotiation and communications acumen. Crandall has a successful track record building high-performing teams and leading new commercial initiatives.

Previously, Mr. Crandall served in various senior leadership positions at VWR International (now Avantor), Refractron Technologies Corporation, Micro Instrument Corporation, and Dynamic Design Solutions. In his current role as CRO of Addtronics, he continues to build and lead sales, marketing, and applications teams, while also driving revenue growth.

He embraces challenges with enthusiasm and consistently delivers solutions that optimize performance and create long-term value. With a forward-thinking approach and a commitment to excellence, Adam Crandall is a driving force behind Addtronics' continued success in the ever-evolving landscape of robotic solutions.

Corey Carolla

Engineered Solutions Provider

Corey is with Comi Americas, where he focuses on identifying and evaluating new growth initiatives, primarily through strategic partnerships, talent development and long-term corporate strategy, to provide their customers with engineered solutions, across industries and sectors. Corey excels in guiding and supporting companies to create, plan, and execute on their journey to the next level, integrating automation and process improvement to directly impact the company's efficiency, and their bottom line.

Corey brings a unique skill set coupling his Economic, Business and Workforce Development background with his 25+ years of experience in manufacturing. Having held key roles in Economic, Community, Workforce, and Business development, Corey continues to fuel his passion for business startup, and recovery. Corey has assisted in the creation and implementation of business and economic development initiatives at regional, national and international levels, supporting economic vitality globally.

A key to Corey’s success is his keen ability to identify, create and attract solutions for new and evolving industries. In working directly with key business, community, economic development, and education stakeholders, and industry supply chain, Corey plays an integral role in the strategic planning of activities to support expansion and further development, particularly in manufacturing.

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