“We were incredibly impressed with how Calder’s team connected us with Requarth within just three months of our initial engagement. That level of efficiency and precision reflects the strength of Calder’s process and network. We’ve been so pleased with the experience that we’re continuing to partner with their Buy-Side team, including Matt Uhl, to pursue additional add-on acquisitions.”
– Doug Bruns, Schockman Lumber, St. Henry, OH (Buyer)
“When Calder first approached us, we weren’t actively looking to sell, but their thoughtful approach made us willing to have the conversation. Working with Matt Uhl and the Calder Buy-Side team was a positive experience. They and Schockman Lumber understood what mattered to us. It is encouraging and important that the Schockman Group is also family owned and operated and has a history of maintaining local management and staff.”
– Alan Pippenger, Chairman, F.A. Requarth Co. Board of Directors, Dayton, OH (Seller)
Calder Capital is excited to announce the successful acquisition of Requarth Co. of Dayton, Ohio, by Schockman Lumber of St. Henry, Ohio.
Schockman Lumber, a family-owned building materials supplier, has a presence throughout Ohio, Indiana, and Michigan. The company provides high-quality lumber, hardware, and building supplies for residential and commercial contractors, as well as do-it-yourself homeowners. Seeking to grow acquisitively and across new geographies, Schockman’s team engaged Calder’s Buy-Side team.
Founded in 1860, Requarth Co. has served the Dayton community and beyond for over 160 years. Known for its custom millwork, handcrafted cabinetry, historical moulding, and premium building materials, the company has earned a national reputation for quality and craftsmanship, having famously sold lumber to the Wright brothers for a number of their airplanes.
“We’ve long admired the reputation and legacy of Requarth Co.,” shared Doug Bruns of Schockman Lumber. “This acquisition marks a proud step in our growth, and we’re both humbled and enthralled to become stewards of Requarth Co., as we build upon its historic foundation.”
Alan Pippenger, Chairman of the F.A. Requarth Co. Board of Directors stated, “While the sale of the Requarth Co. is one of the most difficult decisions members of my family and I have ever made, we have great confidence for its future under the ownership of the Schockman Lumber Group and the Bruns family.”
Matt Uhl of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Schockman Lumber. Supporting the deal were Buy-Side Director Hannah Nabhan and Buy-Side Associate Logan Theodorou from Calder Capital, who played a critical role working with both parties to ensure a smooth and timely closing.
The transaction was an off-market opportunity, initiated through Calder’s proactive outreach on behalf of Schockman Lumber. This marks just one of many opportunities Calder continues to generate for Schockman Lumber as part of an ongoing strategic acquisition campaign.
“We were incredibly impressed with how Calder’s team connected us with Requarth within just three months of our initial engagement,” shared Bruns. “That level of efficiency and precision reflects the strength of Calder’s process and network. We’ve been so pleased with the experience that we’re continuing to partner with their Buy-Side team, including Matt Uhl, to pursue additional add-on acquisitions.”
“When Calder first approached us, we weren’t actively looking to sell, but their thoughtful approach made us willing to have the conversation,” reflected Pippenger. “Working with Matt Uhl and the Calder Buy-Side team was a positive experience. They and Schockman Lumber understood what mattered to us. It is encouraging and important that the Schockman Group is also family owned and operated and has a history of maintaining local management and staff.”
Uhl shared, “This was a smart and strategic fit between two companies that truly understand their markets and values. It was a privilege to support Doug through the process and deliver such a great match for both parties and their stakeholders.”
Max Friar, Managing Partner of Calder, added, “I’m particularly proud of the work that Matt and our buy-side team executed to find this off-market opportunity within just three months of our engagement with Schockman Lumber.” He continued, “That speed speaks to the strength of our outreach strategy, but it also reflects the outstanding reputation and values that Schockman Lumber brings to the market.”
Calder Capital served as the Exclusive Buy-Side Mergers and Acquisitions Advisor to Schockman Lumber.
About Requarth Co.:
Requarth Co., established in 1860, is a Dayton, OH-based building materials supplier offering handcrafted cabinets, custom kitchen and bath design, millwork, historical moulding, and a wide array of premium products. The company operates a design center, public kitchen showroom, and mill out of its Monument and Sears Street location in Dayton. To learn more, please visit https://www.requarth.com.
About Schockman Lumber:
Schockman Lumber, based in St. Henry, OH, is a trusted provider of building materials and services for residential and commercial construction. Their product offerings include framing materials, trusses, millwork, windows, doors, and other essential construction components. As a family-owned company, Schockman is known for its commitment to service, quality, and supporting local contractors and builders. To learn more, please visit https://www.schockmanlumber.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.
