Calder Capital is excited to announce the partnership of Aggressive Cleaning Services of Grand Rapids, MI, and a full-service building services company.
Industrial Fabrication Company Acquired by SE MI Welding & Fabrication Company
Calder Capital is pleased to announce a strategic investment in its client, an Industrial Fabrication Company in Tri-Cities, MI by a SE Michigan Welding & Fabrication Company. The acquisition is a strategic one for the SE Michigan Company. One of the partners of the acquired Fabrication Company will stay on and continue operating as the President of the Company. “I’m very excited to see what the future holds for our Company through this strategic partnership,” he commented. “We have all the infrastructure in place to grow, and we’re eager to hit the ground running.” Matt Uhl, Mergers and Acquisitions Advisor at Calder Capital, worked with the client as the lead M&A Advisor on the transaction. “Especially considering that we engaged with our client during the thick of COVID, the process went as smoothly as we would have asked for,” remarked Uhl. “Our client was in an ideal position; they didn’t take a major hit due to COVID, and there was no urgency for an owner to exit the business. The Companies are a good fit with what they can do as combined entities, and it was a pleasure to work with the owners involved.” Calder Capital, LLC, was the exclusive […]
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 […]
Eidemiller Precision Machining of Milford, MI Acquired by Kyowa Industrial Co., Ltd. of Takasaki Japan!
Calder Capital, LLC, is excited to announce the acquisition of Eidemiller Precision Machining of Milford, Michigan by Kyowa Industrial, Co., Ltd., of Takasaki, Japan. Established in 1946, Kyowa Industrial is a precision manufacturer of complex prototype components and low volume production runs. The company is known for its exceptionally high-quality production of complex prototypes, dramatically fast and flexible delivery to meet tight schedules, ultra-thin walled components for maximum weight reduction, and start-to-finish service with complete confidentiality. Headquartered in Takasaki, Japan, Kyowa Industrial is eager to develop their presence in the United States and other overseas markets. The acquisition of Eidemiller Precision Machining allows Kyowa Industrial to expand to the automotive and manufacturing industries of the Midwest United States. “I feel confident that Eidemiller will be an excellent asset to Kyowa,” commented Atsushi Tanimoto, Kyowa’s North American President. “We’ve been in the market for such a company in this area for a long time, and I don’t think we could’ve found a better fit.” Eidemiller Precision Machining was founded in 1976, and in recent years it has been owned and operated solely by Marty Eidemiller. Over its five and a half decades, Eidemiller Precision Machining has grown from a small one-lathe […]
Benchmark Industrial Acquires Packaging Supplier Donby Packaging!
Calder Capital is thrilled to announce the acquisition of Donby Packaging of Brooklyn Heights, OH by Benchmark Industrial, Inc. of Gahanna, OH. Benchmark Industrial, Inc. is a single-source supplier of packaging and warehouse essentials. Since 1963, they’ve shaped their business around fast, accurate service and delivery. Benchmark’s acquisition of Donby Packaging, a smaller player within the same industry, will allow Benchmark to expand its footprint from Columbus to Cleveland. “This was an advantageous acquisition for both Benchmark and Donby,” commented Sam Scharich, Mergers and Acquisitions Advisor at Calder Capital, LLC. “The two Companies can combine resources to tighten supply chains, as well as broaden their reach throughout the Ohio market. Jim [President of Benchmark] was exceptional to work with as a buyer. He gave us honest feedback and clear criteria which helped us to find Eric with Donby.” “We’re very excited to welcome Donby into the Benchmark family,” remarked Benchmark President Jim Reid. “They have long been known for offering good service and competitive prices for their manufacturing and distribution customers. We are committed to maintaining those relationships and taking our combined service offerings from good to great.” Donby is a full-service packaging supply, packaging machinery and paper supply distributor […]