New Carlisle, IN Engineering Firm Acquired by Elkhart, IN Peer
Calder Capital, LLC is pleased to announce successful acquisition of Palm & Associates, Inc of New Carlisle, IN by Marbach, Brady & Weaver, Inc., of Elkhart, IN.
Founded in 1976 by Robert Palm, the Palm & Associates’ reputation for quality, expert consulting service in the field of civil engineering and surveying grew on the back of major projects such as the New Energy Company Ethanol Plant in South Bend as well as work on Notre Dame Stadium.
After 40 years in business, Mr. Palm retained Calder Capital to find a suitable home for his well-respected business and staff of eight so that he could transition into retirement. Calder is very excited to report that that home was found in the offices of Marbach, Brady & Weaver, Inc, of Elkhart, IN. The transaction was consummated in the Fall of 2016.
Regarding the transaction, Mr. Palm stated, “I couldn’t be happier to have sold my business to Marbach, Brady & Weaver, Inc.. Not only is Chris Marbach’s firm well-established and respected throughout northern Indiana and southern Michigan, but he and his staff share our same values and approach to doing business. It is truly a match made in heaven and I am extremely confident that the companies will be successful going forward.”
With roots dating back to 1958, Marbach, Brady & Weaver, Inc. also specializes in civil engineering and land surveying for a wide variety of commercial and municipal customers. When asked about the transaction, Chris Marbach, President of Marbach, Brady & Weaver, Inc., had the following to say: “We are extremely pleased to add the outstanding customers and skilled staff of Palm & Associates to our team. Our past is rooted in the combination of two companies and our present is now staked in the successful combination of a third.”
Calder Capital, LLC was the exclusive representative of Palm & Associates, Inc.
“I was extremely impressed by how diligently Ghazey Aleck and Calder Capital worked to bring the right buyer. Not only did Calder bring the best fit, but I knew that they had left no stone unturned in doing so. I am very pleased to recommend Calder Capital to any buyer or seller. Thank you!”
Robert Palm, Founder, Palm & Associates, Inc.