Introducing Rob Stasiak, Calder’s Newest Mergers and Acquisition Advisor! Calder Capital is excited to welcome the newest addition to our team, Rob Stasiak! Rob is a highly experienced Mergers and Acquisition (M&A) Advisor based in Southeast Michigan. With a deep understanding of the business transaction process and a wide range of industry expertise, he provides strategic and financial advice to buyers and sellers seeking to transact in the lower Middle Market. Rob helps clients identify potential target companies, conduct due diligence, negotiate and structure deals, and navigate the complex landscape of M&A transactions. With his unique combination of technical expertise, market knowledge, and a robust network of industry connections, Rob is able to create a competitive marketplace for clients looking to buy or sell businesses. We’re Proud to Introduce Rob Stasiak! Rob graduated from the University of Michigan, Ann Arbor in 1994 with a Bachelor’s degree in General Studies from the College of Literature, Science, and the Arts. He is dedicated to continuous development and continues his education as a member of the International Business Brokers Association (IBBA). As a native of West Bloomfield, Rob has knowledge of the local communities and economics of the area due to his lifelong […]
Introducing Jonathan Stanton: Mr. Optimistic
Introducing Jonathan Stanton to our Buy-Side Team! Calder Capital is excited to welcome the newest addition to our Buy-Side team, Jonathan Stanton! Calder Capital’s Buy-Side is focused on bringing buyers proprietary, off-market deal flow driven by high-quality, high-quantity direct outreach to potential sellers matching our client’s specific criteria and by leveraging our existing network. Our team can source and execute a variety of transactions, as evidenced by having completed deals across the country and in various industries. We’re Proud to Introduce Jonathan Stanton! Jonathan recently graduated from Michigan State University’s Eli Broad College of Business with a degree in Finance and a minor in Economics, earning High Honors. Jonathan’s interest in business was sparked during his high school years at Rochester Adams High School in Rochester Hills, MI. After taking a few business classes, he knew this was his true passion. We are confident that this enthusiasm will drive him to great success in his role at Calder Capital, and for our clients. Jonathan hails from Rochester Hills, MI and resided in East Lansing, MI during his college years. After graduation, he worked in Carmel, IN, before moving to Grand Rapids, MI in January 2023. With family in the area, […]
Kelm-Acubar of Benton Harbor, Michigan Acquired by The Armor Group of Mason, Ohio
Calder Capital, LLC is thrilled to announce that Kelm-Acubar of Benton Harbor, Michigan has been acquired by The Armor Group of Mason, Ohio. Kelm-Acubar is an industry-renowned provider of precision machining services, with a wealth of expertise and experience in the field. Kelm-Acubar prides itself on supplying only the highest quality OE and aftermarket machined components. The owner, Andy Bodnar, ready to tackle new projects and spend more time with family, engaged Calder Capital to find his successor. Kelm-Acubar was acquired by The Armor Group. The Armor Group is a corporation whose divisions manufacture highly engineered products and provide aftermarket services. Armor holds nine companies that offer diverse capabilities serving a variety of industries. Armor’s mission is to earn business by being a trusted provider of on-time quality manufactured solutions, engineered equipment, and aftermarket services. When asked about the process, Andy Bodnar had the following to say, “There were definitely ups and downs along the way, but I sincerely applaud the efforts of Calder and Advisor Shane Kissack. Shane is patient and knowledgeable. He always took the time to answer my questions and I felt he was always on my side. He did an excellent job.” Shane Kissack of Calder […]
Pro Mold and Die of Roselle, Illinois Acquired by Wolf Industrial Advisors of Grand Rapids, Michigan
Calder Capital, LLC is pleased to announce that Pro Mold and Die of Roselle, Illinois has been acquired by Wolf Industrial Advisors of Grand Rapids, Michigan. Founded in 1973, Pro Mold and Die specializes in manufacturing plastic injection molds and die cast dies. David Long and Walter Schaub, the founders of Pro Mold, have spent the past 48 years building the company into the trusted and respected business it is today. Both Walter and David look forward to their transition to retirement. Pro Mold was acquired by Wolf Industrial Advisors. Wolf Industrial was established in 2020, but boasts over 30 years of experience in helping businesses grow and thrive. As a partner and guide to businesses undergoing transitions, Wolf Industrial offers a range of services including guidance through acquisitions, liquidations, equipment auctions and purchases, and more. With a focus on providing innovative solutions for growth, Wolf Industrial is dedicated to creating successful businesses. Shane Kissack of Calder Capital served as the lead Mergers and Acquisitions Advisor to Pro Mold. “Working with Dave and Walter was a pleasure,” Commented Shane. “Despite the challenges, they approached the process with determination and worked diligently to achieve their goal of retiring by 2023.” Calder […]
December’s Off-Market Sellers
We hope 2022 finished strong for you! The Calder team was blessed to finish the year with a new record of 46 completed transactions! For a full deal by deal breakdown and analysis, please click here. The buy-side played a big role in helping Calder break our transaction closing record. And our momentum has us poised for an even bigger year in 2023! With several closings before year end and four buy-side deals slated to close before the end of the month here in January, our team has excess capacity to get moving quickly and take on additional clients. Therefore, we are offering the first month FREE for new buy-side clients that engage us before the end of January. Select Seller Leads Developed in December Speed, the key to success Calder Analyst, Robert Janei, was put to the challenge of finding a unique service company for a buy-side client. Initially, it was tough going to find an ideal fit, but Robert continued to pursue the pool of off-market sellers only to come across a prospect that lit up our buyer’s eyes. Over the holidays, essentially in tandem with the “12 days of Christmas,” our client went under […]
Introducing Zach Smith: Major New York Sports Fan
Introducing Zach Smith to our Central Services Team! Calder Capital is excited to welcome the newest addition to our Central Services team, Zach Smith! Calder Capital’s Central Services team is made up of skilled analysts who provide the financial and operational backbone of Calder’s sell-side practice: business valuations, producing Confidential Information Memoranda (CIMs) and marketing literature, strategic research, and the establishment of each sell-side campaign. Calder Capital’s team works behind the scenes to get each sell-side client to market and get as many qualified buyers’ eyes on them as possible. As Calder Capital continues to expand and grow, the Central Services team plays a crucial role in maintaining the firm’s foundation. With their expertise in financial modeling, writing, research, and due diligence, our dedicated team helps ensure that our clients have the support and guidance they need to succeed. We’re Proud to Introduce Zach Smith! Zach recently graduated from Grand Valley State University with degrees in Finance and Business Economics. As a native of the Greater Grand Rapids area, he brings a unique perspective and local knowledge to our team. We are confident that his ambition and creative input will make him a valuable asset to our team and our […]
M&A Financing in a Rising Rate Environment
Interest rates are rising quickly. In fact, rates in 2022 have risen twice as fast as the rate hike cycle of 1988-1989! Given this, many investors, buyers, and sellers of businesses are asking, “What impact is the rising rate environment having on mergers and acquisitions financing?” One logical conclusion that you could draw is that it’s getting harder to finance transactions for a number of reasons: seller expectations of valuation typically remain elevated, lenders lose their appetite to lend heading into potential recession, and debt service coverage ratios become harder to attain as profits are squeezed and a rising rate environment forces more of those profits to pay for interest. So, are transactions slowing down? Let’s take a look at what’s been happening in 2022 and then try to gauge what may transpire heading into 2023. Throughout 2022, while Calder’s pace of closing transactions has not slowed, we have witnessed a very gradual slowdown of transactions in the broader market. For example, bizbuysell.com’s recent Insight Report notes that “The number of closed deals reported in Q3 dropped 2% year-over-year to 2,237, and was 4.5% lower than the number reported in Q2.” You can see the gradual decline in this graph, […]
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 […]
Introducing Megan Ward: Grand Rapids Hometown Hero
Introducing Megan Ward to our Summer 2022 Semester Internship Program! Here at Calder Capital, we thrive on our culture of learning and curiosity, which is why our internship program is so important. In fact, many of our advisors came to us as undergraduate interns, green and eager to learn! Our internship program is not coffee runs and paper pushing. Our interns work hard behind the scenes at every stage of our M&A process. They keep our prospecting process moving, they have their hands in every financial analysis and valuation, and they collaborate to put together our Confidential Information Memorandum for each client that’s launched to market. Since they’re such an integral part of our team, we want to introduce who’s working behind the scenes for the summer of 2022. We’re Proud to Introduce Megan Ward! Megan is an incoming Junior at the University of Dayton where she is pursuing a Major in Finance and a Minor in Accounting. Megan is originally from Grand Rapids and plans on pursuing investment banking in Chicago upon graduating. When Megan isn’t working or studying for school she enjoys running, cooking, and spending time at Lake Michigan with friends. She is also an avid reader […]
Introducing Chase Peterson: Michigan Man
Introducing Chase Peterson to our Summer 2022 Semester Internship Program! Here at Calder Capital, we thrive on our culture of learning and curiosity, which is why our internship program is so important. In fact, many of our advisors came to us as undergraduate interns, green and eager to learn! Our internship program is not coffee runs and paper pushing. Our interns work hard behind the scenes at every stage of our M&A process. They keep our prospecting process moving, they have their hands in every financial analysis and valuation, and they collaborate to put together our Confidential Information Memorandum for each client that’s launched to market. Since they’re such an integral part of our team, we want to introduce who’s working behind the scenes for the summer of 2022. We’re Proud to Introduce Chase Peterson! Chase is an incoming Junior at the University of Michigan: Ross School of Business where he studies Finance and Accounting. He is originally from Montague, Michigan and will be spending the summer working here in Grand Rapids at Calder Capital. After graduation, Chase plans on working in investment banking in Chicago where he can continue to explore his interest in mergers and acquisitions. He is […]