Lead flow decelerated a bit for us in September, but Calder’s buy-side team still managed to wrangle in 33 new off-market leads for our clients.
The decrease was due in part to the Fed’s continued interest rate hiking and subsequent buyer/seller hesitancy and reevaluation of market conditions. We can do nothing about that but what we can affect is the success of our clients. And I am very pleased to announce that 50% of Calder’s engaged buyers having businesses secured under a Letter of Intent (LOI)!
Alongside our clients we are wading through oodles of due diligence and post-LOI negotiation on purchase agreements, deal structuring, and securing financing.
Check out some of the prospects we uncovered in September:
Select Seller Leads Developed in September
$100M Revenue Contracting Company
Parker Schaap, one of Calder’s longest tenured buy-side project managers, was on the prowl for a contracting service company when he came across this $100M revenue company. Although it’s slightly larger than what our client was originally searching for, the owner has hit it off with our client and is considering a heavily structured transaction in order to help our client pull of the deal.
$75M Revenue Midwest Manufacturer
Tyler Mussen was determined to uncover a well-established manufacturing company located in the Midwest for a buy-side client. Following a surplus of over 560 emails and 280 cold-calls, Tyler finally connected with a large, long-standing manufacturer. Our client left the site visit not only with an offer in mind but also a new mentor, the Company’s 78-year-old owner.
New Buy-Side Client Launched
Calder Capital recently signed on a new buy-side client. Within 2 days of launching our client’s project to our network, Calder Analyst, Arsalan Khan, received over 12 inquiries from off-market sellers. In addition, Arsalan’s direct outreach process yielded another 10 companies right out of the gate. This brings over 22 potential prospects (pending a thorough qualification call) to introduce to our buyer.
As the Chinese Proverb goes, “The best time to plant a tree was 20 years ago.” The best time to get started buying a business is now.
Start working with our team today! You’ve earned it.
Why work with Calder?
Calder works with clients on a guaranteed basis, so if we don’t deliver our clients don’t pay. Check out some of our current clients here.
Alternatively, if you enter your criteria here our system will automatically alert you to any current or future opportunities we are representing that are of interest to you. Be advised, these engaged sellers are represented by us and selling through a competitive bid process.
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