Well Established Grand Rapids, MI Software & IT Services Firm Partners with Entrepreneur Andrew Porter
Grand Rapids, MI — Calder Capital, LLC is pleased to announce that Michigan entrepreneur Andrew Porter has invested in White Ware, Inc., a well-established custom software and information technology services firm.
White Ware, Inc., established over 30 years ago by David Whitehouse and Michael Mroczyk, is a B2B provider of computerized business solutions, including accounting, line-of-business software and custom programming as well as infrastructure planning and implementation. To learn more about White Ware, please visit: http://www.whiteware.com/.
When asked about reasons for the partnership, Mr. Whitehouse commented, “Michael and I truly enjoy servicing our customers daily, and plan to continue to do so for the next few years. We knew that transitioning out of a business could take a long time and in our mid-60s were trying simply to be proactive about the process. We are very happy that Calder Capital was able to locate Andy Porter so quickly. He has the right skills and vision to make White Ware more successful than ever and we couldn’t be happier about partnering with him to continue growing the business.”
Michigan native Andrew Porter was equally excited about the partnership. “I’ve worked in the IT services field for a long time and over the years I really got the itch to have an ownership stake in a business. White Ware was the perfect size and makeup for such a partnership. I’m excited about being able to expand our service offering while maintaining the A+ quality of service and problem-solving that David and Michael offered for so many years.”
The transaction closed in 2016. The terms of the deal were not disclosed. Calder Capital, LLC served as the exclusive Mergers & Acquisitions Advisor to White Ware, Inc.
Thanks to Huntington Bank for financing the transaction! And thank you to the Grand Rapids Business Journal for covering the story!
“Ghazey & Max, thank you so much for your help. When we started on this journey we really had no idea what our options where or what they looked like. With your guidance we were able to maximize the value of our company and also find a partner that had the right motivations and skills to make our business successful for the next 30 years. We are pleased to recommend Calder Capital to any seller of an IT/software business!”
– David Whitehouse & Michael Mroczyk, Founders, White Ware, Inc., Grand Rapids, MI.
“Ghazey, I really wanted to offer my thanks and appreciation for your efforts. Buying an interest in a business, especially your first one, is never easy I imagine and you were there to assist whenever I needed it. I definitely hope we get to work together again on future acquisitions. Take care and best of luck!”
– Andrew Porter, AJ Porter Holdings, Partner of White Ware, Inc.