News
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West Michigan Machining Company Aquest Machining Acquired by FabX Industries, Inc.
Calder Capital, LLC is pleased to announce the sale of West Michigan CNC machining company Aquest Machining of Greenville MI to FabX Industries, Inc. FabX Industries was formed to acquire Aquest by Gopi Ganta, an individual owner-operator. Aquest is a provider of tight tolerance cutting and machining of aluminum extrusions. Since Bob Playford’s acquisition of…
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West Michigan Machining Company Aquest Machining Acquired by FabX Industries, Inc.
Calder Capital, LLC is pleased to announce the sale of West Michigan CNC machining company Aquest Machining of Greenville MI to FabX Industries, Inc. FabX Industries was formed to acquire Aquest by Gopi Ganta, an individual owner-operator. Aquest is a provider of tight tolerance cutting and machining of aluminum extrusions. Since Bob Playford’s acquisition of…
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2017 Third Quarter Insights on Business Transactions
Recently the International Business Brokers Association released its Market Pulse for 2017 third quarter. Here we’ll summarize the most interesting takeaways of this report which was based on a survey of 334 business brokers and M&A advisors. Retirement Remains the #1 Reason for Sale Retirement continues to be the most recently given reason among sellers…
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OEM Distributor Core Components Acquired by Midwest Timer Service of Benton Harbor
Calder Capital, LLC is excited to announce the successful acquisition of Core Components, Inc., of Carol Stream, IL, by Benton Harbor, Michigan-based Midwest Timer Service, Inc. Established in 1974, Core Components is internationally recognized as a single-source supplier of HVAC, Controls, and Electromechanical Components for the electronics distribution and building automation industries. The acquirer, Midwest…
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OEM Distributor Core Components Acquired by Midwest Timer Service of Benton Harbor
Calder Capital, LLC is excited to announce the successful acquisition of Core Components, Inc., of Carol Stream, IL, by Benton Harbor, Michigan-based Midwest Timer Service, Inc. Established in 1974, Core Components is internationally recognized as a single-source supplier of HVAC, Controls, and Electromechanical Components for the electronics distribution and building automation industries. The acquirer, Midwest…
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Auto-Lab Howell Sold to Local Owner-Operators
Calder Capital is pleased to announce the successful sale of Auto-Lab Howell to two local individual investors. Auto-Lab Complete Car Care Centers, in operation since 1989, is a growing auto repair franchise business with an emphasis on being the complete car care alternative to the dealer. The company currently has 26 franchised locations in Michigan,…
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Auto-Lab Howell Sold to Local Owner-Operators
Calder Capital is pleased to announce the successful sale of Auto-Lab Howell to two local individual investors. Auto-Lab Complete Car Care Centers, in operation since 1989, is a growing auto repair franchise business with an emphasis on being the complete car care alternative to the dealer. The company currently has 26 franchised locations in Michigan,…
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Finding the Right Buyer for Your Business
This month HMV Holdings LLC closed on a deal to acquire 57 Brew Pub & Bistro in Greenville, Michigan, including the brew pub’s real estate on highway M-57. HMV Holdings plans to keep the current staff and unveil new food and beer menus beginning in the new year, adding more taps and branded beer like…
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Wholesale Electric Supply Acquired by Consolidated Electrical Distributors
Calder Capital is pleased to announce the successful sale of Bay City, MI-based Wholesale Electric Supply (“Wholesale Electric”) to Consolidated Electrical Distributors, Inc. Established in 1960, Wholesale Electric is a full-line electrical distributor for commercial and residential lighting and parts. The Company also features a full showroom of high-quality fixtures, fans, decorative lighting, and other…
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Wholesale Electric Supply Acquired by Consolidated Electrical Distributors
Calder Capital is pleased to announce the successful sale of Bay City, MI-based Wholesale Electric Supply (“Wholesale Electric”) to Consolidated Electrical Distributors, Inc. Established in 1960, Wholesale Electric is a full-line electrical distributor for commercial and residential lighting and parts. The Company also features a full showroom of high-quality fixtures, fans, decorative lighting, and other…
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57 Brew Pub of Greenville, MI Acquired by Local Investment Group, HMV Holdings, LLC
Calder Capital, LLC is pleased to announce the successful sale of Greenville, MI-based 57 Brew Pub & Bistro (“57 Brew Pub”) to investment group HMV Holdings, LLC. Founded in 2012, 57 Brew Pub is an award-winning microbrewery and restaurant that has developed a loyal customer base in West Michigan. 57 has won numerous national awards…
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57 Brew Pub of Greenville, MI Acquired by Local Investment Group, HMV Holdings, LLC
Calder Capital, LLC is pleased to announce the successful sale of Greenville, MI-based 57 Brew Pub & Bistro (“57 Brew Pub”) to investment group HMV Holdings, LLC. Founded in 2012, 57 Brew Pub is an award-winning microbrewery and restaurant that has developed a loyal customer base in West Michigan. 57 has won numerous national awards…
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Proposed Changes to SBA 7(a) Loans for Acquisition Financing in 2018
Small Business Association (SBA) loans are an excellent way of financing a business purchase as they are partially-guaranteed by the SBA, which means banks are generally happy to use the 7(a) program as they are able to offer loans at favorable terms and risk to buyers. Many buyers rely on the availability of these loans…
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Will YOU Invest in the Great Lakes Economy?
Did you know that the Great Lakes economy is the third largest in the world in terms of GDP? This economy, including eight states (Michigan, Wisconson, Minnesota, Illinois, Indiana, Ohio, Pennsylvania, and New York) and two Canadian provinces (Ontario and Quebec), produces an annual GDP of $6 trillion in U.S dollars. Despite it being spread…
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Why Your Friends and Family Can’t Give You Advice about Buying a Business
Previously we discussed some of the reasons behind the statistic that 9 out of 10 people who seek to buy a business will fail. Purchasing a business is a complicated process with many factors that must be carefully considered. Most people, when making important decisions, go to their friends and family members for advice. However,…
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40+ Year Established FlowTech, Inc. of Kalamazoo, MI Acquired by Individual Investors!
Calder Capital, LLC is pleased to announce the sale of Kalamazoo, Michigan based FlowTech, Inc. to David Kersjes and Steven Remstad (DAAD Holdings, Inc.). The company will continue to operate under the FlowTech name. For over forty years, FlowTech has been a premier provider of high-quality fluid filtration products and purification equipment for chemical processing,…
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40+ Year Established FlowTech, Inc. of Kalamazoo, MI Acquired by Individual Investors!
Calder Capital, LLC is pleased to announce the sale of Kalamazoo, Michigan based FlowTech, Inc. to David Kersjes and Steven Remstad (DAAD Holdings, Inc.). The company will continue to operate under the FlowTech name. For over forty years, FlowTech has been a premier provider of high-quality fluid filtration products and purification equipment for chemical processing,…
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What Is a Letter of Intent (LOI)?
Mergers & Acquisitions, like any industry, has its own terminology and acronyms. If you’ve checked out Calder Capital’s page of listed opportunities and successful sales, you will see that we currently have 6 businesses under LOI with an expected closing in the third quarter of 2017. In this blog we will go over what LOI,…
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Custer Subsidiary C&S Electric acquires Grand Haven, MI-based Erickson Electric Service, Inc.
Calder Capital, LLC is very pleased to announce the successful sale of Grand Haven, MI-based Erickson Electric Service, Inc. to C&S Electric Service, a subsidiary of Custer, Inc. Founded in 1988 by Tom Erickson, Erickson Electric Service, Inc. grew steadily and now nearly 30 years later is recognized as a leader in a wide range…
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Custer Subsidiary C&S Electric acquires Grand Haven, MI-based Erickson Electric Service, Inc.
Calder Capital, LLC is very pleased to announce the successful sale of Grand Haven, MI-based Erickson Electric Service, Inc. to C&S Electric Service, a subsidiary of Custer, Inc. Founded in 1988 by Tom Erickson, Erickson Electric Service, Inc. grew steadily and now nearly 30 years later is recognized as a leader in a wide range…