Calder Capital is elated to announce the acquisition of Tafcor of Berrien Springs, Michigan by Northern Contours of Saint Paul, Minnesota.
Tafcor manufactures custom profile wrapped mouldings and raw medium-density fiberboard (MDF) mouldings. It produces profile-wrapped mouldings for everything from simple frames to more intricate fixtures. Tafcor offers its moulding services for several applications including cabinets, furniture, and windows. Owners Ed and Laura Faulkner engaged Calder Capital’s Sell-Side team to help sell their company, as they sought to retire and spend more time with their children who reside on the east and west coasts of the country.
Northern Contours is a leading North American manufacturer of cabinet doors, furniture components, and engineered surface solutions serving the residential and commercial building products industries. Founded in 1992, the company specializes in advanced manufacturing technologies such as 3D lamination, wood veneer, acrylic, membrane pressing, miter folding, and precision machining to produce high-quality components for kitchen and bath cabinetry, home organization, office furniture, healthcare, hospitality, and retail applications. Headquartered in Minnesota, Northern Contours operates multiple manufacturing facilities across the United States and Canada, employs more than 450 people, and is recognized for its focus on innovative design, quality craftsmanship, and responsive customer service.
The acquisition of Tafcor, the custom profile lamination company, is a synergistic fit for Northern Contours as it will assist the manufacturer in expanding its service offerings and capabilities.
Sam Scharich, Mergers and Acquisitions Advisor at Calder Capital, was the lead advisor on the transaction. Sam worked diligently to find an ideal buyer for the Seller.
“I am very happy for Ed and Laura, we originally contacted him on behalf of an engaged buy-side buyer, but the buyer ended up passing. Following this interaction, Ed and Laura trusted us to represent them and get their company confidentially in front of a massive buyer pool. This resulted in three quality offers and ultimately, they chose a buyer that was a perfect fit. Northern Contours is poised to grow the Business and ensure employees are well cared for. I’m excited to see what they have in store for the future!”
Calder Capital, LLC served as the exclusive Mergers and Acquisitions Advisor to Tafcor.
The terms of the transaction were not disclosed.
About Calder Capital:
Founded in 2013, Calder Capital is a cross-industry mergers and acquisitions advisory firm with offices across the United States. Calder provides valuation, sell-side, and buy-side services. We are nationally recognized for excellence in advising $1-100M enterprise value transactions in manufacturing, construction, distribution, and business services. Calder serves business owners, entrepreneurs, family offices, financial buyers, and investors. Learn more at www.CalderGR.com.
