RBA is pleased to announce the acquisition of Illinois based RPS Engineering, Inc by McGuire Johns Holdings, Inc. Founded in 1975, RPS designs and manufactures industrial cover systems for conveyor belts, wastewater treatment plants and curved roofing & siding applications. For over 50 years, RPS products have proudly shipped across the US, Canada and Australia. The company is now entering its next chapter under new ownership, led by an entrepreneur who brings strong leadership, financial and strategic expertise, and a vision for future growth.
“I didn’t want to sell my business to just anyone,” said founder Rich Stanis. “It was important to find a buyer who shares our values and commitment to customer service, while also bringing fresh energy and new ideas. I look forward to working with the new owner through the transition and am confident she will achieve great success with the business.”
RBA Brokers Ben and Jerry Pape served as sell side advisors to Rich, assisting him and his team in positioning the business for sale, and helping them navigate through the process to a successful close. Congratulations to both the RPS and McGuire Johns teams!
If you own a business and are contemplating selling, contact Ben or Jerry Pape and let them walk you through the process to help you determine what is best for your unique situation.
Ben Pape – Business Broker – 402-320-0864 or email [email protected]
Jerry Pape – Business Broker – 402-201-8708 or email [email protected]
