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 […]
Construction Tool & Supply of Warren, Michigan Acquired by an Individual Investor!
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 […]
Calder Capital Welcomes Jakob Simonds to the Central Services Team!
Calder Capital is pleased to welcome Jakob Simonds as Lead Analyst of our Central Services team. Jakob joined our team for the Winter/Spring 2021 Internship program. He’ll be staying on as financial analyst and lead of new client onboarding. While you may remember him as our Guacamole Hater, there is far more to share about Jakob than his aversion to avocados. A recent graduate of Grand Valley State University, Jakob is a Grand Rapids native, a University of Michigan sports enthusiast, and a lover of the outdoors. He takes his coffee black, and yet on par with his willingness to try new things, he’s looking forward to further espresso bar training from Calder’s in-house baristas. While Jakob’s day-to-day responsibilities have remained relatively unchanged from his time in the internship program, Jakob has assumed a leadership role. “I spend time overseeing the work of the other analysts and interns, and onboarding new clients,” he says. “I’m still doing a lot of the same daily tasks (creating financial models, valuations, and comprehensive marketing materials) but I would say that overall I’m working on a lot more of the big-picture initiatives.” Jakob is excited to continue growing along with Calder. “I would also […]
Calder Capital Welcomes Jonathan Dykstra to the Central Services Team!
Calder Capital is pleased to welcome the newest addition to our Central Services team, Jonathan Dykstra. Calder Capital’s Central Services team works behind the scenes to get each client to market and get as many buyers’ eyes on them as possible. The Central Services team is comprised of dedicated and trained financial analysts who compile business valuations and create comprehensive marketing packages for Calder’s sell-side clients. As Calder continues to grow, Central Services is the scaffolding that keeps the foundation strong. A recent graduate of Grand Valley State University, Jonathan earned a Bachelor of Business Administration degree in Finance and Accounting. Jonathan is fresh out of college, but he brings with him an ambition and an experience base that is a great asset to Calder’s work. Jonathan joined the team in September as our newest Financial Analyst. Prior to joining Calder, Jonathan served as an Equity Research & Valuation analyst at Seamstrong Advisors, and as the Vice President of Portfolio Management of GVSU’s investment club. He devotes much of his time to teaching valuation and financial analysis to younger finance majors. Outside of his Finance and Accounting career, Jonathan has dabbled in filmmaking, and he has a deep appreciation for […]
Computer Rescue 911 of Grand Rapids, MI Acquired by Local Investor
Calder Capital, LLC is proud to announce that Computer Rescue 911 of Grand Rapids, MI has been acquired by an individual investor. Computer Rescue 911 was acquired by David Vanderzwaag, owner of TechVZ, a computer consulting company based in West Michigan. David’s father, Don Vanderzwaag, sought to help David grow his IT business through a strategic acquisition. David purchased Computer Rescue, and Don purchased the business’ facility. Moe and Kevin Damghani, a father-son partnership, founded Computer Rescue 911 in 2007. Moe has since retired, and Jonathan Highman joined the Company as Kevin’s business partner in 2014. In 2019, Jonathan and Kevin split the Company into two entities: IT Partners and Computer Rescue 911, with Computer Rescue focusing solely on computer and phone repairs. They engaged with Calder Capital in order to find a buyer who would continue growing Computer Rescue 911 so that they could focus solely on IT Partners, which has been recognized for multiple years as a fast-growing West Michigan Inc 5000 company. Scott Nicholson served as the lead Mergers and Acquisitions Advisor to Kevin and Jonathan. “Don and David were the perfect fit to take over Computer Rescue,” said Kevin Damghani. “The company coming full circle […]
Featured Advisor: Q&A with Rudy Moeller
The newest addition to the Calder team, Rudy Moeller, is an M&A Advisor operating in Louisville, KY. He holds a BA and an MBA from Vanderbilt University, and he’s a bourbon connoisseur who loves to host tastings. Our Managing Partner, Max Friar, asks him a few questions about how he came to be here. Motto: The secret to success in life lies in how well you execute “Plan B.” Favorite Activities: Studying 20th century history, learning more about quantum mechanics and cooking. Karaoke Night Song: A medley of Bobby Darin’s “Mack the Knife” and “Beyond the Sea.” Max: One of your career stops led to you and I working together on the start of a corporate cost reduction consulting franchise more than 10 years ago. We are working together again now. How did that come to be? Rudy: Well, immediately you struck me as a young entrepreneur with a strong desire to help other companies and a keen analytical mind for process development. Earlier in 2021, I began observing your success in the M&A space though LinkedIn, and was really impressed with the results you and the firm were delivering. I believe I mentioned that if you ever wanted […]
Midwest Die, Corp. of Baroda, MI Acquired by Lateral Industries, LLC!
Calder Capital, LLC is proud to announce the sale of Midwest Die, Corp. of Baroda, MI to Lateral Industries, LLC. Lateral Industries, LLC, is owned by CEO Scott Dawson and his business partners. The business will continue to operate as Midwest Die, Corp. After almost 40 years in the business, cousins and partners Rodney and Richard Nitz felt that it was time to transition the ownership to someone who would continue to offer their clients the same quality of service, as well as care for the Company’s loyal employee base. President of Midwest Die Rodney Nitz stated, “We have been blessed with long term clients and a great employee base. Our long-term success is a result of ensuring that we provide a very high level of service to our clients. Our committed team members have been a very important part of making Midwest what it is today. After meeting several potential buyers and fielding multiple offers, we felt that Scott was the right person to take Midwest forward. His extensive background in manufacturing, vision for the future, and numerous industry connections will be tremendous assets to the company.” According to Scott Dawson, the opportunity to acquire Midwest exceeded the criteria […]
Market Remarks Q3 2021: Max Friar Interviews Transaction Attorney Andrew Longcore
In lieu of our usual collaborative Q3 report, our Managing Partner Max Friar sat down with colleague and longtime friend Andrew Longcore for a Q&A on what he’s been seeing in the Q3 business market. Andrew has unique experience as both a transaction attorney and M&A advisor facilitating deals. Max: How are owners/sellers feeling right now? What are the reasons behind these feelings? Andrew: The M&A market is extremely active right now. There seems to be an increase in burnout or looking for a change in life. The pandemic has caused a lot of uncertainty and caused others to reevaluate their priorities. I do anticipate a tipping point coming. I do not know when but with the number of business owners that are experiencing burnout, that are nearing (or are past) retirement age, and the number of distressed businesses surviving on government subsidies, I expect to see the number of businesses available to be bought on the rise. Max: Are there any themes driving buyer interest/activity? For example, low interest rates, SBA incentives? Andrew: Each buyer is unique but for individual buyers, I believe there is a growing desire to take control of their professional life and not rely on […]
Worldwide Diesel of Niles, MI Acquired by Individual Investor
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,” […]
Weinkauf Plumbing & Heating of Alpena, MI Acquired by Investor Group
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 […]