Calder Capital Honored for Ethical Business Practices, Named a 2023 BBB Torch Award Winner

The West Michigan Better Business Bureau Announced the 2023 Torch Award Finalists at a ceremony in Grand Rapids on November 13th.

Calder Capital, headquartered in Grand Rapids, Michigan, has been named a 2023 Torch Award for Ethics Winner by the West Michigan Better Business Bureau.

The Better Business Bureau is a standards-based nonprofit organization with a local Board of Directors. It works to advance business trust. BBB believes businesses and nonprofits that embrace trust as a core principle in their organization will see growth in employees, customers, the community, and their bottom line.

The Torch Awards for Ethics celebrate and recognize local businesses and nonprofits that demonstrate integrity and a strong commitment to ethics in all that they do. Winners were named from applications and reference checks reviewed by an independent panel of judges in the summer of 2023. 

Calder’s Managing Partner, Max Friar, stated, “Thank you to the Better Business Bureau for this award. Calder’s growth has been built on values and long-term decision-making. I feel that the Torch Award is a meaningful recognition of our internal commitment to making the right decision every time.” 

Calder Capital, a premier M&A Investment Bank, was founded in 2013 and has completed transactions in 22 states. Each year, the firm's team completes over 120 valuations for business owners across the US. In 2022, the team completed 46 deals and presently has closed 42 deals to date in 2023. The company has ranked two times on the Inc 5000’s Fastest Growing Companies List and three times on the Inc 5000 Midwest Regionals. Calder’s 5-year CAGR has recently eclipsed 60%+.

bbb award
BBB award ceremony

The winners for companies “which have demonstrated a higher cultural focus, and an emphasis on something more than just profit” were named at a November 13 event at the JW Marriott in Grand Rapids. The event was held in conjunction with the Economic Club of Grand Rapids. 

Calder Capital maintains an A+ rating from the BBB. You can view the Company’s full profile here.


About the Better Business Bureau

People today are overwhelmed with choices – and often unsure about where to find verified, unbiased information. There are more than 34 million businesses in the United States and Canada and hundreds of thousands of sites around the world where people shop online. The Better Business Bureau has empowered people to find businesses, brands, and charities they can trust for over 110 years. For more information on the BBB Torch Awards for Ethics, please click here.

About Calder Capital

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. Calder’s services include mergers and acquisitions advisory, private funds and capital markets advisory, and business valuations.

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