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 […]
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 […]
Starlite Kitchens and Baths, Inc., of Byron Center, MI Acquired by KSI Kitchens of Brighton, MI!
Calder Capital, LLC, is thrilled to announce that Starlite Kitchens and Baths, Inc., of Byron Center, Michigan has been acquired by KSI Kitchens of Brighton, Michigan! Founded in 1971, KSI Kitchens is now family owned and operated by Brian and Lauren Tolles. KSI proudly operates eight locations throughout East Michigan and Ohio, with Starlite now their ninth design center. The acquisition was a strategic one for KSI, as adding Starlite will allow KSI to serve the West Michigan community in designing and remodeling the kitchens or baths of their dreams. “We are proud to have Starlite as our newest addition to KSI, and to be able to serve the West Michigan community,” said Brian Tolles, owner of KSI Kitchens. “Rog and Sandi have built an incredible business, and we are excited to continue what they started. Scott and the Calder team were incredibly helpful throughout the process, always available to answer any questions we had, and they kept things running smoothly.” Roger and Sandi Bronsink became the sole owners of Starlite Kitchens in 2018. The Company was founded in 2000 by Sandi’s father and brothers, and Roger and Sandi took over the business as the original owners began to retire […]