Introducing Rob Stasiak, Calder’s Newest Mergers and Acquisition Advisor! Calder Capital is excited to welcome the newest addition to our team, Rob Stasiak! Rob is a highly experienced Mergers and Acquisition (M&A) Advisor based in Southeast Michigan. With a deep understanding of the business transaction process and a wide range of industry expertise, he provides strategic and financial advice to buyers and sellers seeking to transact in the lower Middle Market. Rob helps clients identify potential target companies, conduct due diligence, negotiate and structure deals, and navigate the complex landscape of M&A transactions. With his unique combination of technical expertise, market knowledge, and a robust network of industry connections, Rob is able to create a competitive marketplace for clients looking to buy or sell businesses. We’re Proud to Introduce Rob Stasiak! Rob graduated from the University of Michigan, Ann Arbor in 1994 with a Bachelor’s degree in General Studies from the College of Literature, Science, and the Arts. He is dedicated to continuous development and continues his education as a member of the International Business Brokers Association (IBBA). As a native of West Bloomfield, Rob has knowledge of the local communities and economics of the area due to his lifelong […]
Introducing Jonathan Stanton: Mr. Optimistic
Introducing Jonathan Stanton to our Buy-Side Team! Calder Capital is excited to welcome the newest addition to our Buy-Side team, Jonathan Stanton! Calder Capital’s Buy-Side is focused on bringing buyers proprietary, off-market deal flow driven by high-quality, high-quantity direct outreach to potential sellers matching our client’s specific criteria and by leveraging our existing network. Our team can source and execute a variety of transactions, as evidenced by having completed deals across the country and in various industries. We’re Proud to Introduce Jonathan Stanton! Jonathan recently graduated from Michigan State University’s Eli Broad College of Business with a degree in Finance and a minor in Economics, earning High Honors. Jonathan’s interest in business was sparked during his high school years at Rochester Adams High School in Rochester Hills, MI. After taking a few business classes, he knew this was his true passion. We are confident that this enthusiasm will drive him to great success in his role at Calder Capital, and for our clients. Jonathan hails from Rochester Hills, MI and resided in East Lansing, MI during his college years. After graduation, he worked in Carmel, IN, before moving to Grand Rapids, MI in January 2023. With family in the area, […]
Kelm-Acubar of Benton Harbor, Michigan Acquired by The Armor Group of Mason, Ohio
Calder Capital, LLC is thrilled to announce that Kelm-Acubar of Benton Harbor, Michigan has been acquired by The Armor Group of Mason, Ohio. Kelm-Acubar is an industry-renowned provider of precision machining services, with a wealth of expertise and experience in the field. Kelm-Acubar prides itself on supplying only the highest quality OE and aftermarket machined components. The owner, Andy Bodnar, ready to tackle new projects and spend more time with family, engaged Calder Capital to find his successor. Kelm-Acubar was acquired by The Armor Group. The Armor Group is a corporation whose divisions manufacture highly engineered products and provide aftermarket services. Armor holds nine companies that offer diverse capabilities serving a variety of industries. Armor’s mission is to earn business by being a trusted provider of on-time quality manufactured solutions, engineered equipment, and aftermarket services. When asked about the process, Andy Bodnar had the following to say, “There were definitely ups and downs along the way, but I sincerely applaud the efforts of Calder and Advisor Shane Kissack. Shane is patient and knowledgeable. He always took the time to answer my questions and I felt he was always on my side. He did an excellent job.” Shane Kissack of Calder […]
Pro Mold and Die of Roselle, Illinois Acquired by Wolf Industrial Advisors of Grand Rapids, Michigan
Calder Capital, LLC is pleased to announce that Pro Mold and Die of Roselle, Illinois has been acquired by Wolf Industrial Advisors of Grand Rapids, Michigan. Founded in 1973, Pro Mold and Die specializes in manufacturing plastic injection molds and die cast dies. David Long and Walter Schaub, the founders of Pro Mold, have spent the past 48 years building the company into the trusted and respected business it is today. Both Walter and David look forward to their transition to retirement. Pro Mold was acquired by Wolf Industrial Advisors. Wolf Industrial was established in 2020, but boasts over 30 years of experience in helping businesses grow and thrive. As a partner and guide to businesses undergoing transitions, Wolf Industrial offers a range of services including guidance through acquisitions, liquidations, equipment auctions and purchases, and more. With a focus on providing innovative solutions for growth, Wolf Industrial is dedicated to creating successful businesses. Shane Kissack of Calder Capital served as the lead Mergers and Acquisitions Advisor to Pro Mold. “Working with Dave and Walter was a pleasure,” Commented Shane. “Despite the challenges, they approached the process with determination and worked diligently to achieve their goal of retiring by 2023.” Calder […]
Taylor Floor Covering of Elkhart Acquired by an Individual Investor
Calder Capital, LLC is ecstatic to announce that Taylor Floor Covering of Elkhart, Indiana has been acquired by an Individual Investor. Taylor Floor Covering is a retail and wholesale floor covering business located in Elkhart, Indiana. The company was established in 1990. The company founders, Dave and Jayne Steed, have worked tirelessly over the past 20 years to establish a reputable and successful business. Dave brought a wealth of experience in the flooring industry, having spent 10 years working in the field before following his dream to start his own company. Taylor Floor Covering sells a wide assortment of flooring materials to subcontractors and individuals. Ready to transition into retirement, Dave and Jayne engaged Calder Capital to find a successor. Taylor Floor Covering was acquired by Marc Waite. Marc grew up in Michigan and lived in South Bend, Indiana for 26 years. He currently resides in South Carolina and owns Pool Services Corp. Marc has owned Pool Services since 2018 which is located in Myrtle Beach. Pool Services provides pool care and maintenance for residential and commercial properties in Grand Strand. Marc was eager to find an opportunity as he plans to relocate to the Granger, Indiana area to be […]
December’s Off-Market Sellers
We hope 2022 finished strong for you! The Calder team was blessed to finish the year with a new record of 46 completed transactions! For a full deal by deal breakdown and analysis, please click here. The buy-side played a big role in helping Calder break our transaction closing record. And our momentum has us poised for an even bigger year in 2023! With several closings before year end and four buy-side deals slated to close before the end of the month here in January, our team has excess capacity to get moving quickly and take on additional clients. Therefore, we are offering the first month FREE for new buy-side clients that engage us before the end of January. Select Seller Leads Developed in December Speed, the key to success Calder Analyst, Robert Janei, was put to the challenge of finding a unique service company for a buy-side client. Initially, it was tough going to find an ideal fit, but Robert continued to pursue the pool of off-market sellers only to come across a prospect that lit up our buyer’s eyes. Over the holidays, essentially in tandem with the “12 days of Christmas,” our client went under […]
November’s Off-Market Sellers
Welcome to the holiday season. Many think that M&A slows down during this time. That is far from the truth, at least for us. Last week the Calder team closed transaction #42 on the year tying our record set in 2021. A huge shout out to buy-side associate Parker Schaap for getting it done! Off-market lead flow also picked up from last month with our team ultimately generating (ironically also the same number) 42 new off-market leads for active buy-side clients. Business owners are ready to talk. They have been getting hit from all angles over the past three years. Nothing has gotten easier and no one is getting younger. With no signs of change coming anytime soon, a large number of owners are coming to the realization that they don’t want to endure any longer. Many are waiting for a quality buyer to call. Let us help connect you both! Select Seller Leads Developed in November Closing #42 Buy-Side Associate, Parker Schaap, experienced a bittersweet closing this past month after working with a buy-side client for over a year to find the right business. After managing through two LOIs that fell apart both weeks prior to closings with different targets, unexpected obstacles, and countless […]
2023 is the right time to buy a business
The M&A market is shifting. In 2021, deal volumes and multiples rebounded from a COVID dip due to basement bottom interest rates and piles of cash on the sidelines. And the year prior (2020), the Calder team managed a record-setting year even through a global pandemic. Buyers maintained vast amounts of dry powder and outnumbered the quantity of quality sellers on the market leading to extremely competitive bidding processes for businesses and overall a seller’s market. Yet tides are turning. Global M&A deal volume declined -34% through the first three quarters of 2022 and a whopping -58% in the 3rd quarter of 2022 vs 2021 (Source: Refinitiv / S&P Global). Here are a few reasons the M&A market is declining: Buyers and sellers are losing confidence. Facing inflation, labor shortages, interest rate hikes, and other negative headwinds, many buyers are acting more conservatively and many would-be sellers are holding off. While multiples generally stayed steady, many businesses’ performance started to decline in 2022. Decreased performance plus higher interest rates are beginning to have a depressing effect on business valuation for select companies. Banks are bracing themselves for a downturn and are lending prudently and cautiously. This is also not helping […]
What is a Standard Buy-Side M&A Fee? The Modern Lehman Fee Structure
At Calder, we are often asked how our fees are structured. In this article, we will explain the structure and rationale of the fees we charge for our services, with a deeper dive into the Modern Lehman fee structure as the baseline for a standard fee structure for M&A buy-side engagements. As there is a significant amount of time, energy, and effort that goes into any process an investment bank runs, it is important to note that a typical fee structure consists of a few elements. Customarily, fees include a monthly work fee or a larger upfront fee in order to support the administrative, outreach, and staffing requirements associated with successfully executing a buy-side mandate. In our opinion, investment banks should price work fees such that they can adequately compensate for the requisite overhead to carry out the mandate but should be low enough that the firm cannot reasonably make large profits. This keeps the firm focused on the prize, the success fee commission earned when the engagement’s objectives are achieved. In Calder’s case, the Success Fee is the fee that is paid upon the successful completion of a transaction. At no other time is a commission owed. It is […]
Calder Capital/SBDA Crush Transaction & Sales Records
Demonstrating their adeptness at maneuvering during the pandemic, Calder/SBDA prove that they are among the fastest-growing M&A firms in the US.