Calder Capital is thrilled to announce that Construction Tool & Supply of Warren, Michigan has been acquired by an individual investor. Founded by Bill Parkhill in 1978, Construction Tool & Supply markets and distributes specialty fasteners and fastening supplies to contractors doing industrial, commercial, and institutional construction. After over 40 successful and rewarding years in the business, Bill is ready to enjoy retirement with his spouse, Kathy. Bill engaged with Calder Capital in the spring of 2021 to find the ideal successor. Construction Tool & Supply was acquired by Sohail Tootla of Detroit, Michigan. Sohail has experience in Operations & Project Management, Corporate Strategy, and Business Administration. “I am honored to purchase this wonderful business,” commented Sohail Tootla. “I value Bill’s philosophy and business ethic. It was immediately apparent to me that CTS is more than just a company–it is a significant part of Bill’s life. My vision is to continue the legacy and reputation of Construction Tool & Supply for generations to come.” Garrett Monroe served as the lead Mergers and Acquisitions advisor to Construction Tool & Supply. “Bill and Kathy Parkhill have invested an entire lifetime into Construction Tool & Supply, and I am enthusiastic that the […]
Paramount Fence of Livonia, MI Acquired by Local Investors from the Building Products Industry
Calder Capital is thrilled to announce the acquisition of Paramount Fence in Livonia, MI by metro-Detroit based investors in the building products industry! Paramount Fence was established in 2010 by John and Tabetha Burke. Over its ten years in operation, Paramount Fence has been consistently ranked as one of the top fence installation companies in the Southeast Michigan community, including being ranked on the prestigious Inc 5000 fastest growing companies list in 2020. John Burke has a history in the fence construction industry business. He started Paramount when he recognized an opportunity in the industry, as many companies in the industry were slow to modernize their processes. While John and Tabetha have greatly enjoyed owning and operating Paramount, they are ready to undertake a new venture of owning their own farm. The Burkes engaged with Calder Capital, LLC, to market Paramount and find the ideal investor to keep the Company on its upward trajectory. Scott Nicholson, Mergers and Acquisitions Advisor at Calder Capital, served as the lead advisor to John and Tabetha Burke. Commented Nicholson, “I knew the investor group through previous deals; it didn’t take much convincing for them to see that Paramount was a natural fit.” Calder Capital, […]