“We had a great experience with Calder. Sam was very good to work with, being very professional and personable.”
– Mark Hoofman, Former Partner, Bauer Sheet Metal and Fabricating, Inc., Muskegon, MI (Seller)
“Working with Sam Scharich at Calder Capital has been a great experience. Sam provided everything we needed promptly and managed the process professionally.”
– Ed Fanning, Agent, BSM Acquisition, LLC, Cincinnati, OH (Buyer)
Calder Capital is proud to announce the successful sale of Bauer Sheet Metal and Fabricating, Inc. of Muskegon, Michigan, by an investor group through BSM Acquisition, LLC of Cincinnati, Ohio.
Founded in 1932, Bauer Sheet Metal and Fabricating, Inc. (“Bauer”) is a nearly century-old sheet metal fabricator and installer with operations in Muskegon, Muskegon Heights, and Scottville, Michigan. The Company specializes in custom metal fabrication of carbon steel, aluminum, and stainless steel products. Beyond metal materials, Bauer also fabricates polycarbonate products. Owned by family members Mike and Pat Bauer, alongside partner Mark Hoofman, the owners engaged Calder’s Sell-Side Team to facilitate their planned retirement and ensure the continuity of Bauer’s legacy under new stewardship.
Acme Finishing, established in 1932, is one of the Midwest’s premier coating partners for major brands across automotive, appliance, and industrial markets. Headquartered just outside Chicago, Acme provides powder coating, liquid coating, screening, assembly, and kitting services for parts used by some of the world’s most trusted brands, including Ford, Toyota, Weber Grill, Hewlett-Packard, Eaton, and many others.
BSM Acquisition, LLC (“BSM”), is an investor group with more than 135 years of combined investing and operating experience, emerged as the ideal buyer for Bauer. The acquisition represents a strategic expansion of BSM’s portfolio of manufacturing, industrial, and technical service companies.
Ed Fanning of BSM Acquisition said, “Bauer is an excellent addition to our metal fabrication portfolio with an experienced management team and a highly skilled workforce.” He continued, “Bauer services loyal, long-term customers in growing segments of the economy.”
Sam Scharich of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Bauer. Serving as Lead Associate was Jonathan Dykstra of Calder Capital.
Calder’s Sell-Side process garnered strong national attention. In total, 156 CIMs were distributed to qualified buyers, resulting in 7 LOIs and a bidding war.
Mark commented, “We had a great experience with Calder. Sam was very good to work with, being very professional and personable.”
Ed stated, “Working with Sam Scharich at Calder Capital has been a great experience. Sam provided everything we needed promptly and managed the process professionally.”
“We’re excited to see Bauer continue its legacy under a group that understands the industry and is committed to building on what Mark and the Bauer family created,” remarked Scharich. “This is a true win-win: a successful transition for long-time owners and a strong platform for continued growth.”
“Bauer is a legacy manufacturer that deserved a thoughtful and well-executed process,” added Garrett Monroe, Calder’s Sell-Side Managing Director. “This deal required perseverance, and I’m proud of how Sam and our team navigated various challenges to deliver a strong outcome for Mark and the Bauer family. Manufacturing remains a core strength for Calder, and we are committed to helping long-standing industrial companies transition successfully.”
Calder Capital served as the Exclusive Sell-Side Mergers and Acquisitions Advisor to to Bauer Sheet Metal & Fabricating, Inc. Bauer Sheet Metal was represented by attorneys Josh Reece and Will Meier of Parmenter Law and by The CPA Group as their financial advisor. BSM was represented by attorneys Dick Ortega of Ortega Group Law and Eric Geppert of Red Peak Legal Advisors, with financing provided by First Merchants and Rand Capital Management – Callodine Group.
About Bauer Sheet Metal & Fabricating, Inc.:
Founded in 1932, Bauer Sheet Metal & Fabricating, Inc. specializes in custom sheet metal fabrication and installation services, serving marine, industrial, and commercial customers nationwide. With nearly 100 years of operations and 58 employees, Bauer is a trusted manufacturing partner known for precision craftsmanship and longstanding customer relationships. Learn more at www.BauerSheetMetal.com.
About BSM Acquisition, LLC:
BSM Acquisition, LLC is an investor group focused on acquiring and scaling manufacturing, industrial, and technical service companies. The firm brings operational expertise, professional management, and long-term growth planning to its portfolio companies.
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.
