New York, New York – Calder Capital, a leading middle-market investment bank, is proud to announce its recognition as a finalist at the 24th Annual M&A Advisor Awards in the category of Materials Deal of the Year (Under $100MM). The catalyst for this recognition was Calder’s sell-side advisory role in the sale of a majority stake of Bridgeport, Michigan-based Capital Stoneworks to Birmingham, Michigan-based Leelanau Private Capital.
The Capital Stoneworks transaction showcases Calder Capital’s dedication to delivering exceptional outcomes for its clients. For Capital Stoneworks’ founders, Brandon Hornung, Sean Buback, and Kevin Grimpo, the deal addressed long-term operational expansion goals and ensured alignment with a partner committed to their vision.
Leelanau’s acquisition of Capital Stoneworks complements its existing portfolio, which includes Builder’s Stone & Masonry and Titanus Cement Wall Company. The transaction allows Capital Stoneworks to preserve its trusted brand and leadership team while gaining access to growth capital and strategic operational support. Exclusively advised on the sell-side by Calder, the deal represents a true founder-led success story, marked by a competitive, highly engaged buyer process and a partnership structure that safeguards the company’s identity while positioning it for continued expansion.
Calder Capital Founder Max Friar expressed his gratitude for the recognition, stating, “We deeply appreciate the judges of The M&A Advisor’s 24th Annual Awards in their recognition of the complexity and strategic importance of the Capital Stoneworks transaction. Our team’s commitment to creativity, perseverance, and our clients’ best interests delivered meaningful results for each party involved. Congratulations to our entire team and thank you to Garrett Monroe for his leadership as our M&A Advisor on this deal.”
Calder’s expertise in deal structuring, due diligence, and stakeholder alignment was critical in navigating the complexities of the transaction. The deal required a disciplined strategy to identify and evaluate potential partners, carefully balancing the company’s operational needs with its growth trajectory.
With the backing of Leelanau Private Capital, Capital Stoneworks is well-positioned to accelerate growth, strengthen operations, and expand its footprint in the materials industry.
For a complete list of the award finalists from the 24th Annual M&A Advisor Awards, please click here.
To read the full press release about the acquisition, please click here.
About The M&A Advisor:
Now in its 27th year, The M&A Advisor was founded to offer insights and intelligence on mergers and acquisitions, establishing the industry’s leading media outlet in 1998. Today, the firm is recognized as the world’s premier leadership organization for mergers & acquisitions, restructuring, and corporate finance professionals, delivering a range of integrated services to accelerate the pace of dealmaking. Learn more at www.MAAdvisor.com.
About Calder Capital:
Founded in 2013, Calder Capital is a cross-industry mergers and acquisitions advisory firm with offices across the United States. Calder provides valuation, sell-side, and buy-side services. We are nationally recognized for excellence in advising $1-100M enterprise value transactions in manufacturing, construction, distribution, and business services. Calder serves business owners, entrepreneurs, family offices, financial buyers, and investors. Learn more at www.CalderGR.com.