Calder Capital is electrified to announce that it has been named winner of the Industrials Deal of the Year ($10MM–$50MM) at the 16th Annual International M&A Advisor Awards. The award recognizes Calder Capital’s role in the acquisition of BCU Electric by Meptagon Group. Winners will be honored onstage at a Black-Tie Gala during the 2025 Leadership in Dealmaking Summit, held September 15–16, 2025, in New York City.
Selected by The M&A Advisor’s independent panel, this recognition highlights transactions distinguished by cross-border execution, multi-national operations, and global capabilities.
Recognized deals must also meet a minimum value of $10 million USD and have been completed between Q2 2024 and Q1 2025.
Calder Capital represented BCU Electric as its exclusive Sell-Side M&A Advisor, and the award-winning transaction closed on February 27, 2025. BCU Electric, a leading electrical project design and services firm based in Ashland, Ohio, was acquired by Meptagon Group, a global industrial engineering and construction firm, headquartered in Netanya, Israel.
This strategic cross-border acquisition provides Meptagon with a strong platform for U.S. expansion and offers BCU a pathway to continued growth under a well-capitalized international partner.
Calder Capital’s Lead M&A Advisors, Sam Scharich and Mathew Baas, led a highly competitive sales process that yielded eight offers, ultimately securing a deal nearly double the value of the seller’s original, unsolicited, off-market offer. Of the top four LOIs extended to the seller, the countries represented were Israel, Poland, Canada, and the United States. The transaction involved complex cross-border financing and extended diligence timelines, all of which were successfully navigated through close coordination and transparency between the deal teams.
“We’re proud to have helped Ben Uselton find the right partner to carry his company and his legacy forward,” remarked Max Friar, Founder and Managing Partner of Calder Capital. “Congratulations to our Sell-Side team, to Meptagon, and to Ben on this incredible acquisition, as well as this international recognition. This award was only made possible due to the hard work, skill, and dedication of our Lead M&A Advisors: Matthew Baas and Sam Scharich, as well as our colleague, Jakob Simonds. Thank you, gentlemen!”
Firms recognized for their roles in the transaction include: Calder Capital, Irwin Financial Associates, Baker Tilly, Jeffer Mangels Butler & Mitchell LLP, Critchfield, Critchfield & Johnston, Ltd., BCU Electric, and Meptagon Group.
To view the full list of winners from the 16th Annual International M&A Awards, please click here.
About The M&A Advisor:
Founded in 1998, The M&A Advisor is the global leader in connecting, recognizing, and informing professionals in M&A, restructuring, and corporate finance. Now in its 27th year, we provide world-class content, events, and honors programs that empower dealmakers at every stage of their journey. Learn more at www.maadvisor.com
About BCU Electric:
BCU Electric is an Ashland, Ohio-based electrical contracting firm specializing in project design, professional installations, and maintenance services. The company provides turnkey solutions across wiring, conveyor, and material handling, security, automation, and engineering. With a commitment to quality and a highly skilled team, BCU Electric has established itself as a trusted partner for businesses nationwide. To learn more, please visit https://www.bcuelectric.com
About Meptagon Group:
Meptagon Group is a global leader in industrial engineering, project management, and construction services. With operations across Israel, Europe, and the United States, the company specializes in delivering innovative solutions for a wide range of industries. Meptagon Group focuses on quality, safety, and efficiency, ensuring top-tier service to its clients worldwide. To learn more, please visit https://meptagon.com
About Calder Capital:
Founded in 2013, Calder Capital is a lower middle market investment bank providing mergers and acquisitions advisory services to business owners, entrepreneurs, family offices, and investors across the United States. Our dedicated team of professionals combines extensive industry experience, technological innovation, negotiation savvy, and key relationships to exhibit exceptional execution. Calder’s services include mergers and acquisitions advisory, private funds and capital markets advisory, and business valuations. To learn more, please visit http://caldergr.com.