October 2019 – The Calder Capital/Small Business Deal Advisors Team is extremely pleased to announce that they have broken their own closing record of 18 transactions in 2018 with the successful closing of transaction #19, Marco’s New American Bistro, by Small Business Deal Advisor’s Doug Yntema on October 9, 2019. Year-to-date Calder Capital has closed 10 transactions and Small Business Deal Advisors has closed 9.
According to Calder Capital Managing Partner Max Friar, “2019 has certainly been a year of continued strong momentum forward for our firms. Nationally, the number of M&A transactions has slowed from 2018’s record pace but our team continues to push forward at a blistering pace in the pursuit of our goal to become the #1 M&A Advisory Firm in the Midwest.
Friar continued, “We are setting in place the infrastructure to become unstoppable. In 2019, we have added staff, formalized a year-round internship program and closed on a new office space downtown Grand Rapids. 2020 will bring the addition of multiple staff, a move into our new space and the rolling out of innovative new service offerings. We are buckling down for a stretch goal of 30 transactions!”
Here is a listing of 2019 closed transactions for the Calder/SBDA Teams:
|Think Chromatic, LLC||Grand Rapids, MI||Calder||Service|
|Precision Engineering & Manufacturing, Inc.||Nunica, MI||Calder||Manufacturing|
|GP Manufacturing, Inc.||Buchanan, MI||Calder||Manufacturing|
|Fry Nation, LLC||Grandville, MI||SBDA||Restaurant|
|Fortune Chef||Caledonia, MI||SBDA||Restaurant|
|Bazzani Associates, Inc.||Grand Rapids, MI||SBDA||Service|
|CNC Products, Inc.||Niles, MI||Calder||Manufacturing|
|Fabtec Enterprises, Inc.||Byron Center, MI||Calder||Manufacturing|
|Power Supply||Grand Rapids, MI||Calder||Distribution|
|Laundry Tyme||Douglas, MI||SBDA||Retail|
|Jamestown Quik Stop||Hudsonville, MI||SBDA||Retail|
|MC Sandblasting||Coopersville, MI||SBDA||Construction|
|A&W Restaurant||Stansbury, UT||SBDA||Restaurant|
|Belding Tool & Machine||Belding, MI||Calder||Manufacturing|
|Pi Optima Manufacturing||Holland, MI||Calder||Manufacturing|
|Conveyability, Inc.||Walker, MI||Calder||Manufacturing|
|Iroquois Hoods, Inc.||Muskegon, MI||Calder||Manufacturing|
|Marco’s New American Bistro||Grand Rapids, MI||SBDA||Restaurant|
In closing, Friar attributed the firms’ successes to its people, innovation and network: “Our extensive network and dedication to broad, confidential exposure to qualified buyers combined with the strong ethical fiber and determined persistence of our team and consistent innovation in marketing and automation continues to produce the best price, terms, and fit for the future of our clients’ businesses.”
About Calder Capital, LLC
Founded in 2013 by Max Friar, Calder Capital, LLC is a lower middle-market M&A Advisory Firm focused on representing buyers and sellers with enterprise value from $1-100MM primarily in the segments of manufacturing, business services, and distribution. Calder represents sellers primarily in the Midwest and buyers nationwide.
About Small Business Deal Advisors, LLC
Founded in 2017 by Max Friar and Matthew Baas, Small Business Deal Advisors, LLC is a business intermediary firm focused on serving small, traditionally underserved sellers of businesses with enterprise value generally less than $1MM. SBDA’s clients are customarily franchised re-sales, light industrial, restaurants, and business and personal services. SBDA represents sellers nationwide and in Canada.