Calder Capital is thrilled to announce that Worldwide Diesel of Niles, Michigan has been acquired by an individual investor. Worldwide Diesel was acquired by Rich Campbell, a Michigan native who has spent the past several years of his career in San Francisco, California. Campbell brings a vast array of experience including business development, data analytics, customer service, account management, and marketing. Founded by Greg Ferrier in 2007, Worldwide Diesel is a diesel engine and parts distributor. The Company sells overhauled, re-built, new, and used engines. Ferrier’s wife is a nurse, and as she was preparing for retirement in 2020, Ferrier wanted to retire at the same time so that they can travel and spend time together while they’re both in good health. Ferrier engaged with Calder Capital in 2021 to facilitate the sale. “I’m pleased to have found a successor with such business savvy,” commented Ferrier. “I appreciate the hard work that Garrett Monroe and the Calder team put into finding the right buyer, and I wish Rich the best of luck going forward.” “It’s not often that we see a business owner so effectively set their company up to operate through an ownership transition prior to engaging with us,” […]
Calder Capital is pleased to announce that its client, Weinkauf Plumbing & Heating, Inc., has been acquired. Established in 1959 by Walter and Theresa Weinkauf, Weinkauf Plumbing & Heating is a second-generation family plumbing and HVAC contractor located in Alpena, Michigan. Prior to the sale, the business was owned and operated by siblings Rob Weinkauf, Karen Lankheet, Alan Weinkauf, and Steve Weinkauf. The four co-owners of Weinkauf Plumbing & Heating were approaching retirement age and wanted to ensure a successful and careful transition for the business, its dedicated employees, and loyal customers. They engaged Calder Capital in 2020 in order to find its successor. Weinkauf Plumbing & Heating was acquired by a group of individual investors led by Alpena native, Luke Gerhart. Luke will assume a leadership role in the company and will use his decades of construction management experience to build and grow the company for its continued long-term success. “I am thrilled to continue what the Weinkauf family has built,” commented Luke Gerhart. “I look forward to taking the helm and leading Weinkauf through the next decade. Our group is committed to investing in the business, its employees, and the community of Alpena.” Matt Baas of Calder Capital […]
Calder Capital is pleased to announce that C&K Box and Mulch Wholesalers of Jackson, MI have been acquired by an individual investor. Founded in 1960, C&K Box manufactures wood packaging products such as pallets, skids, crates, boxes, corner posts, stakes, and custom products tailored to clients’ needs. C&K Box has been owned by the Stevens family for several decades, and Mulch Wholesalers was established by second-generation owner Mark Stevens in 1995 as a method to minimize waste produced by C&K Box. The two companies share a unique synergistic relationship. The Companies were acquired by Dustin Ruth. Dustin has years of experience in business management, business ownership, and sales. “The symbiotic relationship of these two companies immediately stood out to me,” commented Dustin about the acquisition. “It’s rare to find two companies that are able to reduce waste and optimize sustainability so effectively. I’m excited to take it even further.” After 46 years of involvement with C&K Box, the Stevens family is ready to take a step back. The family engaged with Calder Capital at the end of 2020 to find the right buyer for the Companies, either separately or as a package. Sam Scharich and Ghazey Aleck, Mergers and Acquisitions […]
Calder Capital, LLC is excited to announce that Charlesbrook Protection Services, LLC, of Grand Rapids, MI has been acquired by an individual investor. Former police officer Ryan Woodford founded Charlesbrook Protection Services in 2014. Charlesbrook provides security guards for hire to protect businesses, institutions, and events. Charlesbrook was acquired by 10-year Marine veteran Chris Jansens, who is also the owner of Centurion Security Solutions in West Michigan. Charlesbrook will continue to operate under its original name and brand. “I was immediately impressed with Charlesbrook’s professionalism and reputation,” commented Chris Jansens. “Charlesbrook’s wide and loyal client base is a testament to the quality of their services, and I intend to continue that degree of service.” Charlesbrook Protection Services founder Ryan Woodford worked in law enforcement prior to starting the Company. While he has enjoyed operating Charlesbrook, he would like to pursue other interests outside of the criminal justice and protection services industry. He engaged with Calder Capital in 2020 in order to find the right buyer to take over the Company’s operations. “Matt Baas and the Calder team were excellent to work with,” said Woodford. “They remained engaged and focused even throughout the uncertainty of COVID which absolutely affected the event […]
Calder Capital is thrilled to be able to give you an update on how we’re fulfilling our current buy-side clients’ mandates. June was exceptional! How do we do this? It’s not rocket science. We combine data analytics with the tedious work that no one wants to do – lots of research, cold calls, and email outreach. If you’re looking for deal flow that matches your criteria click here and we will send you sellers that we are representing for sale. Keep in mind that our engaged sellers often receive multiple competitive offers. Looking for private seller leads with no competition? Calder is proud to also offer Buy-Side services that generate proprietary off-market deal flow to our clients, as an alternative option. Select Seller Leads Developed in June What days/hours are contacts the most responsive? Have you ever wondered when is the best time to send an email? Perhaps you’ve wondered what day of the week is going to invoke a response? Our team has poured hours and thousands of dollars into analyzing our own data to figure this out. What we have found is surprising. Please keep in mind that most of our prospecting is targeted at potential business sellers […]
Calder Capital is thrilled to announce the acquisition of Donby Packaging of Brooklyn Heights, OH by Benchmark Industrial, Inc. of Gahanna, OH. Benchmark Industrial, Inc. is a single-source supplier of packaging and warehouse essentials. Since 1963, they’ve shaped their business around fast, accurate service and delivery. Benchmark’s acquisition of Donby Packaging, a smaller player within the same industry, will allow Benchmark to expand its footprint from Columbus to Cleveland. “This was an advantageous acquisition for both Benchmark and Donby,” commented Sam Scharich, Mergers and Acquisitions Advisor at Calder Capital, LLC. “The two Companies can combine resources to tighten supply chains, as well as broaden their reach throughout the Ohio market. Jim [President of Benchmark] was exceptional to work with as a buyer. He gave us honest feedback and clear criteria which helped us to find Eric with Donby.” “We’re very excited to welcome Donby into the Benchmark family,” remarked Benchmark President Jim Reid. “They have long been known for offering good service and competitive prices for their manufacturing and distribution customers. We are committed to maintaining those relationships and taking our combined service offerings from good to great.” Donby is a full-service packaging supply, packaging machinery and paper supply distributor […]
Calder Capital is thrilled to be able to give you an update of how we’re fulfilling our current buy-side clients’ mandates. This month has been exceptional! Proprietary Buy-Side Leads Generated in May: 24 Site Visits & Conference Calls: 15 IOIs / LOIs Submitted or Signed: 4 How do we do this? It’s not rocket science. We combine data analytics with the tedious work that no one wants to do – lots of research, cold calls, and email outreach. Select Leads Developed in May Cold Calls Work, Just Look at the Numbers Most buyers send blast emails to Advisors hoping that they have an engaged seller that matches their criteria. While this may be effective from time to time in terms of getting a CIM, when a banker has an established niche industrial or service businesses with management in place, EBITDA $3MM+, customer diversification, and contracted revenue, et al., they know the power they wield. They will drive a rapid process light on due diligence that results in a bidding war. It’s all sorts of uncomfortable and 9 times out of 10 you will lose. There is another way. A fantastic way to get a dynamic message to the intended […]
Waséyabek Development Company, LLC (WDC) has successfully acquired CNC Machining Manufacturer Re-Source Industries of Muskegon, MI!