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Community/Industry Involvement

Randy has served as an adjunct professor at Calvin College and Grand Valley State University. Currently, Randy serves on the board of Compassionate Heart Ministries.

Randy Rua

Randy is a Certified Business Appraiser (CBA) through the Institute of Business Appraisers (IBA) and is a Certified Exit Planning Advisor (CEPA) through the Exit Planning Institute (EPI).

Grand Rapids, Michigan

Randy provides vision, leadership and extensive knowledge to guide Rua Associates and NuVescor Group. He founded Rua Associates in 2010 and purchased NuVescor Group in 2016.

Randy’s passion for entrepreneurship has driven him to manage and invest private capital through mergers, acquisitions, and divestitures. Randy worked as a managing director for the two of the largest West Michigan mergers and acquisitions firms. His transactional experience includes the negotiation and consummation of hundreds of successful mergers and acquisitions, primarily in the manufacturing, distribution, and industrial focused companies.

Randy earned a BS in Engineering from Calvin College as well as a Masters of Business Administration (MBA) with a concentration in entrepreneurship from the University of Southern California.


Three Uniques:

1. Transparency to our proprietary process and the results. We share all of our data/findings and provide real time weekly reports on how the process is going so our clients have all the facts needed to make the best decisions.

2. Curated valuation and strategic fit data by manufacturing and industrial sector. We have 100’s of closed transactions in the industrial and manufacturing sector.

3. Vetted database of buyers and network of business advisors focused on manufacturing and industrial space that we utilize to find the best buyer candidates.


We help business owners successfully sell their business using the following 3 phase process:
Phase 1-Preparation (30-60 days)
In this phase of the process, we’ll do market research, testing, and a financial review of your business. We’ll also thoroughly evaluate your business’s readiness to sell and then review a strategic plan to bring your business to market. This in-depth preparation process provides a firm foundation for the remaining phases.

Phase 2- Matchmaking (60–90 days)
During this phase of the process, we will pair your business with the best possible potential buyers. We’ll prepare presentations and conduct showings for your business, review proposals, and facilitate correspondence. This will help us develop a group of buyers that best fits your business, which creates healthy competition through skillful negotiations and a stronger value.

Phase 3 – Closing (60–90 days)
Once you’ve chosen which proposal to accept, we will schedule a closing, assist the buyer with financing, and coach you through all legal documents involved. We proactively facilitate everything needed to ensure a timely and successful closing.

Randy lives in Zeeland, MI and is married with two children. Randy and his wife Tami both work in the business together along with 8 other employees.