Calder Capital is excited to announce the acquisition of Frank H. Gill Company of Lansing, IL by BMH Equipment, LLC (“BMH”)! Frank H. Gill Company is a material handling equipment supplier of products including cranes, cargo tractors, pallet jacks, and commercial and industrial utility vehicles. The Company specializes in the distribution of products produced by companies such as Taylor-Dunn, Caldwell, and Wastequip. The Frank H. Gill Co. was founded in 1945 by John and Tom Gill’s grandfather. John and Tom acquired the Company from their father, Jack Gill, and uncle, Charlie Gill. After many years of successfully owning and operating the Company, the pair decided it was time to transition the Company to new ownership, although they lacked a succession plan. When Calder’s buy-side team reached out to John and Tom regarding a possible acquisition of Frank H. Gill Company, they were eager to engage with a qualified buyer within the industry. John Gill stated, “When Parker Schaap from Calder approached us with this potential opportunity, we were quite pleased. The acquisition was a great fit as the products offered by Frank H. Gill Co. will further enhance BMH’s current capabilities.” BMH is a full-line material handling distributor that offers […]
August’s Off-Market Sellers
The kids are back in school, the sun is still shining, and there’s a hint of fall in the air. But have your acquisition plans been accomplished? Are you feeling the need to accelerate your acquisition timeline? Come join the 15+ buyers that trust Calder’s buy-side team to deliver. As a team this year, Calder has already closed 32 deals and we currently have 27 under LOI. We’re feeling bullish about breaking our record of closing 42 deals last year! (currently locating some wood to knock on…) If you’re a serious buyer, the time to act is now. Don’t miss the bus! Select Seller Leads Developed in August $60M Revenue Fuel Distribution Company On the hunt for a fuel distribution company, Calder Analyst, Robert Janei’s hard work paid off when he was at long last able to connect with the owner of this company. Their discussion opened the opportunity for the owner to learn how Calder could help connect him with a buyer who shared the same vision as he for his company. The owner later quoted, “It was Robert’s persistence that ultimately made me want to pick up the phone and it turned out to be a great introduction for all of us.” $22M EBITDA […]
Clark Engineering of Owosso, Michigan Acquired by Mechanical Power of Wauconda, Illinois!
Calder Capital, LLC is pleased to announce the acquisition of Clark Engineering of Owosso, Michigan to Mechanical Power of Wauconda, Illinois. Founded in 1946, Clark Engineering is a manufacturing company that specializes in the custom designing and high quantity production of rod, wire, and tube formed products. Clark Engineering utilizes its in-house operations such as machining, cold heading, threading, welding, forming, and coining to create its products from start to finish. The Company provides its services to industries such as lawn and garden, automotive, and medical. Clark Engineering was purchased by Chad Heckler and Paul West in 2012. After successfully running the Company for 10 years, the pair decided it was time to transition Clark Engineering to new ownership in order to pursue other business opportunities. Clark Engineering was purchased by Mechanical Power. Mechanical Power is a distributor of top-quality industrial parts such as bearings, sprockets, chains, fasteners, castings, forgings, pulleys, plastics, seals, and many more. Mechanical Power distributes its products to industries such as agriculture, automotive, packaging, material handling, industrial lawn, and industrial machining. The acquisition of Clark Engineering was a strategic one for Mechanical Power, as it will enable the Company to produce some of the products that […]
Diverse Global Industrial Solutions Acquired by and Individual Investor!
Diverse Global Industrial Solutions Acquired by and Individual Investor!
RG Medical Diagnostics of Wixom, MI Sold to Fox Hill Capital, Inc. of St. Clair Shores, MI!
Calder Capital is pleased to announce the sale of RG Enterprises (USA), Inc. (“RG Medical Diagnostics”) of Wixom, MI to Fox Hill Capital, Inc.!
Aaseby Industrial Machining Acquired by Lateral Industries Holdings, LLC!
Calder Capital is excited to announce the successful sale of its client, Aaseby Industrial Machining to an Lateral Holdings, LLC.
North Huron Street Storage of Ypsilanti, MI Sold to Prestige Storage Capital of Columbus, OH!
Calder Capital, LLC is excited to announce the acquisition of North Huron Street Storage of Ypsilanti, Michigan by Prestige Storage Capital of Columbus, Ohio.
July’s Off-Market Sellers
Despite receiving many “out of office” automatic responses in July, Calder’s buy-side team set a new record with 58 off-market leads uncovered! With the economy giving mixed signals, investors have pounced on available opportunities. Persistence (multiple contact points) has been instrumental in our success. It is crucial to be planting seeds early and often as our team initially contacted some of the leads developed in July over a year ago! Are you planting seeds? Select Seller Leads Developed in July $15M EBITDA Foam Product Manufacturer In search of strategic acquisitions in Michigan, Calder Project Manager, Parker Schaap, prospected this company on behalf of our client. After ignoring Parker’s first calls and emails, the owner eventually reached back out and explained that he might be willing to have a discussion if it remained confidential. He had hoped to sell the business to his son, however, that did not seem to be working out as planned. We executed an NDA with the owner and he is now in the process of pulling together information so that Calder and our client can value his business. $7M EBITDA Consumable Medical Products Manufacturer In search of proprietary product manufacturers across the US, Calder Project […]
Purcell Staffing, Inc. of Louisville, Kentucky Sold to Flexible Staffing of Lake in the Hills, IL!
Calder Capital is thrilled to announce that Purcell Staffing, Inc. of Louisville, Kentucky has been acquired by Flexible Staffing of Lake in the Hills, Illinois!
Kellermeier Plumbing of Rockford, MI Acquired by Individual Investors!
Calder Capital is thrilled to announce the sale of its client, Kellermeier Plumbing, to individual investors! Established in 1996, Kellermeier Plumbing is a plumbing and remodeling contractor located in Rockford, Michigan. Prior to the sale, the business was owned and operated by husband and wife team, Blaine and Mary Kellermeier. After over twenty-six years of owning and operating Kellermeier Plumbing, Blaine and his wife Mary were ready to begin transitioning into retirement. Mr. Kellermeier engaged Calder Capital, LLC to find the ideal successor to keep the Company on its upward trajectory. Blaine Kellermeier noted, “Building Kellermeier Plumbing into the successful business it is has been a very rewarding experience. After 26 years, I felt like it was finally time to hand over the reins to new ownership. I’m confident that Scott and Ken (the buyers) will utilize their experience in the industry to continue growing Kellermeier Plumbing into an even greater success.” Kellermeier Plumbing was purchased by two individual investors, Scott Mostert and Ken Cronkright. Ken and Scott are based in Rockford, MI, and both have extensive experience in the plumbing industry. The pair are eager to use their knowledge to continue growing this successful Company. Matt Baas, Mergers and […]