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 […]
Introducing Giorgio Hama: Avid Hot Cocoa Drinker
Introducing Giorgio Hama to our Summer 2022 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 Giorgio Hama! Giorgio is a Senior at Grand Valley State University studying Accounting and Finance. After graduation, Giorgio would like to work as a financial analyst for a Mergers & Acquisitions firm like Calder or in a department for a larger corporate company. Giorgio enjoys spending his free time hiking trails as he finds the experience to be very relaxing. He also likes going to the gym and […]
Introducing Drew Peluso: Sneaker Connoisseur
Introducing Drew Peluso 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 Drew Peluso! Drew is a Senior at Michigan State University. He’s studying Finance, making him a natural fit here at Calder Capital. He is a Michigan native and grew up in Troy, Michigan. Drew has always been very entrepreneurial minded. In high school, he even started up a small business where he sourced shoes for customers and even some professional athletes. After college, he plans on working […]
Tustin’s Asphalt Sealing Acquired by an Individual Investor
Calder Capital is excited to announce the successful sale of its client, Tustin’s Asphalt Sealing of Plainwell, Michigan to an individual investor.
J. Mark Systems of Grand Rapids, MI Acquired by WTRBox, LLC
Calder Capital is pleased to announce the acquisition of J. Mark Systems of Grand Rapids, MI to WTRBox, LLC.
75-Year-Old Strain Electric Company Acquired by Power VAC, LLC of Novi, MI
Calder Capital, LLC is electrified to announce that 75+-year-old Strain Electric Company of Wyoming, Michigan has been acquired by Power VAC, LLC of Novi, Michigan. Founded in 1947 by Lester Strain, Strain Electric is a diversified electrical utility contractor specializing in industrial construction, outdoor traffic signals, and underground electrical work. Todd Strain, the third-generation owner of Strain Electric, started working part-time when he was 15 years old, but he has been working at Strain Electric continuously since 1988. He’s been the sole owner since 2007. After having been incredibly hands-on in operations for a long time, Todd and his wife Debbie look forward to gradually reducing their day-to-day involvement in the business over the next two years. Strain Electric was acquired by Power VAC, LLC, a hydro excavation service provider in Southeast Michigan. The acquisition was a strategic one for Power VAC, which has not yet had an electrical services presence in its area and also had previously not extended its brand into the west side of the state. Power VAC was supported by two Private Equity firms–Michigan-based Peninsula Capital Partners and Connecticut-based Pillsman Partners. “Our team at Power VAC, LLC couldn’t be happier to join forces with the Strain […]
West Michigan Petroleum Equipment Company Acquired by D.H.T. Holdings, Inc.
Calder Capital is thrilled to announce that Rohr Gasoline Equipment, Inc., of Byron Center, MI has been acquired by D.H.T. Holdings, Inc., of Reese, MI. Established in 1940, Rohr Gasoline Equipment provides equipment installation and repairs for service stations in the greater Grand Rapids area, including tank installation, tank removal, testing, card readers for fuel tracking, and retail communication equipment. Mitch Veenstra became an owner in 1995 and assumed sole ownership of Rohr in 2004. After over 25 years in the business, he is looking forward to adventuring near his home in Colorado and enjoying more time with his kids and grandkids. “Mitch set up Rohr in a prime position for his exit,” remarked Garrett Monroe, lead Mergers and Acquisitions Advisor to Rohr. “He cultivated a solid, independent team with a hardworking, loyal, and positive culture. We could not have found a better fit for Rohr’s continued success. Through this acquisition, Rohr employees will benefit from even more opportunities for personal and financial growth within D.H.T. Holdings.” D.H.T Holdings is an employee-owned transportation and logistics company, with a portfolio that extends into landscaping, excavation, brokerage, and other industries. The acquisition of Rohr was a strategic one for D.H.T. “Calder […]
Calder Capital Buy-Side Client Update: November 2021
Have you been satisfied with your deal flow in 2021? Any desire to spend less time researching and sending emails and more time closing deals in 2022? Our buy-side team continues to offer guaranteed leads for our clients – leads that are off-market, willing to talk to you directly about selling, and those that meet your requirements. Our clients know they are getting what they pay for. Let us show you exactly how many prospects match your target criteria. Complete our Buyer Criteria form and in a few succinct slides we will show you not only how many prospects there are but also where they are located. ***In the Holiday spirit, Calder is offering a special discount for buyers that engage us in the month of December. Follow the Contact information below to learn more.*** Check out some of the off-market leads our buy-side team discovered for our current buy-side clients‘ mandates below. How do we do this? It’s 90% elbow grease combined with 10% data science. We combine a personal touch, marketing automation, and data analytics to hone best practices with the tedious work that no one wants to do – lots of research, cold calls, and email outreach. Select Seller Leads Developed […]