September 2020 – Calder Capital, LLC is thrilled to announce that Integrated Manufacturing Concepts of Ceresco, Michigan, has been successfully acquired by an individual investor, Tom Tilma. Integrated Manufacturing Concepts is a tube fabrication and bending products manufacturer serving various industries. The Company operates in a low-competition market and has many long-standing relationships with loyal clientele. Mark Lowell founded Integrated Manufacturing Concepts in 2003. Mr. Lowell is a veteran in the industry, with experience as a plant manager at various large companies. After his work as a plant manager, he grew and sold a material handling business before exiting to work as a manufacturing consultant. After a few years as a consultant, he encountered the opportunity to get back into tube bending, and he seized the chance to purchase equipment and once again begin servicing his own clients. Since then, he has grown and run a successful operation and served his clients diligently for over a decade. When Mark’s wife retired this past year, he decided that it was a good time to sell the Company to the right buyer, join his wife in retirement, and spend more time with his family. Integrated Manufacturing Concepts was highly sought after on […]
Welcome Wesley Sparks, Our Newest Addition to the Firm!
Calder Capital is excited to announce that our team is growing again! In order to continue to position ourselves and our clients for continued success, we are expanding to the fast-growing industrial hub of Huntsville, Alabama. Huntsville, known as “rocket city” is a center of industry in defense, aerospace, and technology, with 31 companies on the latest Inc. 5000 list! This location in the Tennessee Valley puts us right into the prime geography of Atlanta, Nashville, and the Southeast United States. Calder Capital is proud to announce the addition of our lead Mergers & Acquisitions Advisor in Huntsville. Wesley Sparks, a former Ranger-qualified infantry officer that retired as a U.S. Army acquisition program manager, will be leading advisory services in the region. Wesley has worked proposal and program management, capture, business development, and product strategy for the U.S. Government, as well as large defense contractors on programs over $13 Billion. He has owned his own consultancy, and he has bought and sold a major franchise location and territory. He is well versed and experienced in SBA financing. Mr. Sparks holds an MBA and Lean Six Sigma Black Belt. He specializes in defense, aerospace, manufacturing, and industrial companies. “We feel very […]
Calder Capital/SBDA Close 21st Deal, Cruise Towards Record!
Demonstrating their adeptness at maneuvering during the pandemic, Calder/SBDA prove that they are among the fastest-growing M&A firms in the US.
CNC Machining Manufacturer Re-Source Industries of Muskegon, MI, Acquired by Waséyabek Development Company!
Waséyabek Development Company, LLC (WDC) has successfully acquired CNC Machining Manufacturer Re-Source Industries of Muskegon, MI!
CNC Machining Company Elite Tooling of Kalamazoo, MI, Acquired by FabX Industries
Calder Capital is excited to announce that Kalamazoo, MI-based Elite Tooling, LLC has been acquired by FabX Industries, the parent company of Aquest Machining and LaserTec, machining and fabrication services companies based in Greenville, Michigan. With its intentionally low-volume, flawless high-precision, and fast turnaround strategy, Elite Tooling has become a steadfast partner of some of the most recognized pharmaceutical, medical, and aerospace manufacturing giants in the greater Kalamazoo, MI area. Shane Smith founded Elite Tooling, LLC in 1996, at the age of 18. Over the years, Mr. Smith has handpicked and assembled an excellent team that thrives on fielding technically challenging projects with short deadlines. FabX Industries takes a simple approach: making manufacturing easy for its customers by partnering with clientele and taking care of their employees. The complementary visions between the two companies have made the acquisition a natural fit. Mr. Smith, who plans to remain with the business long-term as the President of Elite, was pleased with the transition, stating, “Finding the right buyer for Elite and closing the deal took about a year, and it was a relief that the process could continue even in the midst of COVID. I was seeking a growth partner and I […]
Calder Capital/SBDA Crush 20th Closing of 2020, Continue At Blistering Pace!
Demonstrating their adeptness at maneuvering during the pandemic, Calder/SBDA prove that they are among the fastest-growing M&A firms in the US.
C.G. Witvoet of Grand Rapids, MI, Acquired by Investment Group
July 2020 – Calder Capital, LLC is pleased to announce the successful sale of West Michigan manufacturer, C.G. Witvoet & Sons, Co., to JBLR & Associates, LLC, a specialized investment group actively involved in the ownership and operation of family-held firms. Operating out of two facilities in Grand Rapids, MI, C.G. Witvoet & Sons is a manufacturer of interior elements pertaining to store décor, signage, and displays for the retail sector. C.G. Witvoet is a fourth-generation family business that has grown to be a leader in the manufacture and wholesale distribution of retail décor items. Originally founded in 1932, C.G. Witvoet & Sons has diversified and evolved into a robust manufacturer of custom interior signs and displays, with such capabilities as dimensional lettering, department signage, permanent décor items, aisle directories, LED illuminated décor, digital graphics, vinyl graphics, and more. The company will continue to operate under the C.G. Witvoet name and all key personnel are remaining with the company following the transition. Brian Witvoet, fourth-generation owner of C.G. Witvoet, was pleased with the transaction stating, “Calder Capital represented our company well and located an excellent fit to continue C.G. Witvoet’s rich history and to foster further growth. The company has […]
Finally! We’ve Moved Into Our New Office!
Well, moving I should say. We’re about 95% there. With original plans scuttled due to COVID, our original move-in month of April quickly became July. While we still have some finishing touches to make, it’s starting to feel like home. We’ll likely be hosting some smaller open houses in the future. Stay tuned!
Small M&A Deal Market Dynamics: July 2020
I really appreciated the chance to contribute to a recent article, Pandemic injects some reluctance into small business M&A market, by Mark Sanchez at Mibiz.com, and wanted to summarize a few factors affecting the M&A transaction market presently that we discussed: Sellers of businesses have pulled back. This is entirely understandable; many owners are concerned about their business, whether it be regaining lost ground or capitalizing on new opportunities that have arisen due to COVID-19. The flip side is that this means that there is a lack of quality sellers on the market and those owners that have decided to sell are often receiving enormous amounts of interest! Buyers are aggressively seeking out new transactions. Calder/SBDA are processing dozens of new buyer inquiries daily – individuals, strategic buyers, private equity, and family office buyers. Economic chaos such as that which has been borne upon us by COVID-19 results in the creation of new entrepreneurs. Additionally, private equity and family office buyers continue to have mandates and liquidity, and are seeking opportunities. Banks are being cautious. Understandably, banks are going to evaluate each business transaction based on how it has performed through 2020 and how it is likely to fair into […]
State of the M&A Marketplace: Present & Future
Review current 2020 M&A deal multiples, deal structure and other Q1 mergers & acquisitions trends and statistics from Calder Capital, LLC