Calder Capital is very pleased to have brokered the deal that allowed manufacturing executive Mark Allen to find the right business opportunity to invest his talents and capital into: D&J Precision Machining.
MiBiz writer John Wiegand discussed this transaction and how it is indicative of the current business market in his piece, “New owner seeks to grow Allegan fabricator by broadening customer base.”
Currently there is an upswing in mergers and acquisitions within the West Michigan manufacturing market due to both the recovering economy and a transfer of ownership from generation to generation as Baby Boomers begin to retire in larger numbers. However, as Mark Allen’s acquisition experience proves, the expectations of the buyer and seller may differ and it’s important for both of them to have a good understanding of what a reasonable timeline for these sorts of transactions is.
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