Calder Capital is thrilled to announce the acquisition of Paramount Fence in Livonia, MI by metro-Detroit based investors in the building products industry! Paramount Fence was established in 2010 by John and Tabetha Burke. Over its ten years in operation, Paramount Fence has been consistently ranked as one of the top fence installation companies in the Southeast Michigan community, including being ranked on the prestigious Inc 5000 fastest growing companies list in 2020. John Burke has a history in the fence construction industry business. He started Paramount when he recognized an opportunity in the industry, as many companies in the industry were slow to modernize their processes. While John and Tabetha have greatly enjoyed owning and operating Paramount, they are ready to undertake a new venture of owning their own farm. The Burkes engaged with Calder Capital, LLC, to market Paramount and find the ideal investor to keep the Company on its upward trajectory. Scott Nicholson, Mergers and Acquisitions Advisor at Calder Capital, served as the lead advisor to John and Tabetha Burke. Commented Nicholson, “I knew the investor group through previous deals; it didn’t take much convincing for them to see that Paramount was a natural fit.” Calder Capital, […]
Calculating the Proposed 2022 Tax Change Impact in M&A
In early June of 2021, the Biden administration proposed a new framework for comprehensive tax changes. These proposed changes would affect both the ordinary income tax rates and the long-term capital gains rate. Here is a review of the proposed changes: Ordinary Income Impact: Taxpayers with an adjusted gross income of more than $1 million would be taxed at ordinary income tax rates. Under the proposal, the top ordinary income tax bracket would rise from 37% to 39.6%. Long-Term Capital Gains Impact: The long-term capital gains (preferential) rate is currently at 20% (assets held for over a year). Biden’s plan would completely eliminate this preferential rate and revert the tax rate to the top ordinary income tax bracket (39.6%) mentioned above. This is at least a 19.6% increase! Overall Impact: The change will likely impact taxpayers who don’t annually earn anywhere near $1 million, but do have a once-in-a-lifetime taxable event, such as the sale of a business, that can temporarily push their income over the $1 million mark. Net Investment Income Tax: Additionally, sellers may be impacted with an additional net investment income tax of 3.8% on the sale of qualified business property or working capital. We have not […]
Calder Capital Buy-Side Client Update: June 2021
Calder Capital is thrilled to be able to give you an update on how we’re fulfilling our current buy-side clients’ mandates. June was exceptional! How do we do this? It’s not rocket science. We combine data analytics with the tedious work that no one wants to do – lots of research, cold calls, and email outreach. If you’re looking for deal flow that matches your criteria click here and we will send you sellers that we are representing for sale. Keep in mind that our engaged sellers often receive multiple competitive offers. Looking for private seller leads with no competition? Calder is proud to also offer Buy-Side services that generate proprietary off-market deal flow to our clients, as an alternative option. Select Seller Leads Developed in June What days/hours are contacts the most responsive? Have you ever wondered when is the best time to send an email? Perhaps you’ve wondered what day of the week is going to invoke a response? Our team has poured hours and thousands of dollars into analyzing our own data to figure this out. What we have found is surprising. Please keep in mind that most of our prospecting is targeted at potential business sellers […]
Benchmark Industrial Acquires Packaging Supplier Donby Packaging!
Calder Capital is thrilled to announce the acquisition of Donby Packaging of Brooklyn Heights, OH by Benchmark Industrial, Inc. of Gahanna, OH. Benchmark Industrial, Inc. is a single-source supplier of packaging and warehouse essentials. Since 1963, they’ve shaped their business around fast, accurate service and delivery. Benchmark’s acquisition of Donby Packaging, a smaller player within the same industry, will allow Benchmark to expand its footprint from Columbus to Cleveland. “This was an advantageous acquisition for both Benchmark and Donby,” commented Sam Scharich, Mergers and Acquisitions Advisor at Calder Capital, LLC. “The two Companies can combine resources to tighten supply chains, as well as broaden their reach throughout the Ohio market. Jim [President of Benchmark] was exceptional to work with as a buyer. He gave us honest feedback and clear criteria which helped us to find Eric with Donby.” “We’re very excited to welcome Donby into the Benchmark family,” remarked Benchmark President Jim Reid. “They have long been known for offering good service and competitive prices for their manufacturing and distribution customers. We are committed to maintaining those relationships and taking our combined service offerings from good to great.” Donby is a full-service packaging supply, packaging machinery and paper supply distributor […]
Internships In M&A, Investment Banking, & Private Equity – Advice & Tips
M&A Advisor and Internship Program Director, Garrett Monroe, shares his insights on how to get the most out of your internship experience. Internships, especially in competitive industries like M&A, Investment Banking, and Private Equity are more than just an experience to put on your resume. “A small percentage of people in the U.S., and even on this career path, end up finding a place in the financial services industry,” remarks Monroe. “There’s a lot to M&A that can’t be learned in a classroom, which is where internships come in. It’s a chance to learn the industry and to get as much exposure, opportunities, and facetime with professionals as possible to absorb the intangible, personal dynamic side of things and to be remembered.” But it’s about more than simply being remembered–it’s a matter of being remembered favorably and standing out. With only a few permanent openings coming up every few years within the industry, you want to make sure that you’re a candidate worth hiring. Especially in a tightly knit business community such as West Michigan’s, everyone knows everyone. How you show up in your internships can mean the difference between a soft reference and a strong recommendation. This competitive industry/landscape […]
Calder Capital Buy-Side Client Update: May 2021
Calder Capital is thrilled to be able to give you an update of how we’re fulfilling our current buy-side clients’ mandates. This month has been exceptional! Proprietary Buy-Side Leads Generated in May: 24 Site Visits & Conference Calls: 15 IOIs / LOIs Submitted or Signed: 4 How do we do this? It’s not rocket science. We combine data analytics with the tedious work that no one wants to do – lots of research, cold calls, and email outreach. Select Leads Developed in May Cold Calls Work, Just Look at the Numbers Most buyers send blast emails to Advisors hoping that they have an engaged seller that matches their criteria. While this may be effective from time to time in terms of getting a CIM, when a banker has an established niche industrial or service businesses with management in place, EBITDA $3MM+, customer diversification, and contracted revenue, et al., they know the power they wield. They will drive a rapid process light on due diligence that results in a bidding war. It’s all sorts of uncomfortable and 9 times out of 10 you will lose. There is another way. A fantastic way to get a dynamic message to the intended […]
Calder Capital Buy-Side Client Update: April 2021
Calder Capital is thrilled to be able to give you an update of how we’re fulfilling our current buy-side clients’ mandates. At Calder Capital, we work with a wide variety of buyers, from Private Equity, Strategic and Private Investment Groups, Home Offices, Strategic Companies, to Individual Buyers nationwide. Unlike other firms, we guarantee results. We promise a minimum of fifteen proprietary, warm introductions to sellers that match your criteria within six months. If we do not produce fifteen leads, we will refund you on a pro-rata basis for any leads we missed (something we have never had to do). We like to be transparent about the progress that we’re making so that potential clients know that we’re constantly working behind the scenes. We are certainly keeping our clients busy! April has been a very fruitful month for our Buy-Side lead generation efforts! Proprietary Buy-Side Leads Generated in April: 21 Site Visits & Conference Calls: 15 IOIs / LOIs Submitted or Signed: 3 Deals Completed: 0 Specific Leads Developed in April Calder Prospecting Prowess – Tip of the Month Do you know if your emails are making it to the intended target? What if all of your hard work is going […]
Calder Capital, LLC Honored as Gold Stevie® Award Winner in 2021 American Business Awards®
GRAND RAPIDS, Mich., April 29, 2021 – Calder Capital, LLC was named the winner of a Gold Stevie® Award in the Company of the Year – Financial Services Category in The 19th Annual American Business Awards® today. The American Business Awards are the USA’s premier business awards program. Nicknamed the Stevies for the Greek word meaning “crowned,” the awards will be virtually presented to winners during a live event on Wednesday, June 30. More than 3,800 nominations – a record number – from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Startup of the Year, Executive of the Year, and Best New Product or Service of the Year, among others. Calder Capital, LLC was nominated in the Company of the Year Category for Financial Services companies. According to the judges, Calder Capital’s numbers spoke for themselves: “An 85% increase in revenue and 74% increase in closed transactions vs 2019 during the decline of M&A due to COVID is impressive. So many wonderful accolades along with Calder’s increase in growth are dynamic. Steady metrics and to almost double the transactions in a year of a pandemic shows the solidity of […]
Max Friar of Calder Capital, LLC Honored as Bronze Stevie® Award Winner in 2021 American Business Awards®
GRAND RAPIDS, Mich., April 29, 2021 – Max Friar, Founder and Managing Partner of Calder Capital, LLC was named the winner of a Bronze Stevie® Award in the Entrepreneur of the Year – Financial Services category in The 19th Annual American Business Awards® today. The American Business Awards are the USA’s premier business awards program. Nicknamed the Stevies for the Greek word meaning “crowned,” the awards will be virtually presented to winners during a live event on Wednesday, June 30. “Friar exhibits great skills of leadership and entrepreneurship. Calder has had yearly substantial growth and it looks like he knows how to move fast and make changes.” -Judges “I’m honored to receive this recognition alongside so many impressive and hardworking honorees,” remarked Friar, regarding the award. “I am so proud of our team, each of whom buckled down in 2020 and refused to let the pandemic stop our growth and progress. Thank you also to the American Business Awards’ judges who gave their time to analyze so many entries. This has truly been an honor.” According to judges, “In a time where many small business owners are struggling to keep their doors open and fighting the urge to simply close […]
Calder Capital, LLC Honored as Bronze Stevie® Award Winner in 2021 American Business Awards®
GRAND RAPIDS, Mich., April 29, 2021 – Calder Capital, LLC was named the winner of a Bronze Stevie® Award in the Fastest Growing Company of the Year – Up to 100 Employees category in The 19th Annual American Business Awards® today. The American Business Awards are the USA’s premier business awards program. Nicknamed the Stevies for the Greek word meaning “crowned,” the awards will be virtually presented to winners during a live event on Wednesday, June 30. “Very impressive progress in an extremely challenging year! A truly committed company to success and growth.” –Judges More than 3,800 nominations – a record number – from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Startup of the Year, Executive of the Year, and Best New Product or Service of the Year, among others. Calder Capital, LLC was nominated in the Fastest Growing Company category for Up to 100 Employees. “M&A activity is important for the business lifecycle and M&A advisory firms are critical for matching buyers with sellers, remarked the judges. “As an M&A Advisory, Calder Capital has demonstrated notable success since inception, as highlighted by growth in […]