Calder Capital is pleased to announce the successful sale of a Midwest-based Specialty Industrial Components Manufacturer to Midwest-based entrepreneurs.
Over the decades, the company has built a reputation for high-quality products and a robust online presence. The company is a machining and components manufacturer that offers short-run production, maintenance repair machining, and welding. With the founder ready for retirement, the owners engaged Calder’s Sell-Side Team to secure a successor for their family’s business.
“After 50 years of building and growing our company, my family and I wanted to ensure that its legacy and values remained intact,” said the founder. “We feel that the acquiring team is well-suited to lead the company into its next chapter.”
The acquiring team brings a fresh perspective and extensive industry knowledge to continue the company’s legacy.
“We are excited to take the helm of the company and continue its long-standing tradition of excellence,” commented the buyers. “The sellers have built a remarkable business, and we look forward to leveraging its strong foundation to drive future growth.”
Kregg Kiel of Calder Capital served as the Exclusive Mergers and Acquisitions Advisor to the Specialty Industrial Components Manufacturer. Gregory Weess served as Lead Associate on the transaction.
Calder’s Sell-Side Team generated significant interest after launching to market, resulting in 129 CIMs sent to qualified buyers, 10 Indications of Interest (IOIs), and three Letters of Intent (LOIs), with an offer accepted within four months. The deal was successfully closed seven and a half months after going to market.
“Working with Calder Capital was an exceptional experience,” remarked the buyers. “Calder’s professionalism and dedication made the transaction smooth and efficient. Kregg was incredibly collaborative and transparent throughout the process.”
“The professionalism and diligence of Calder Capital throughout this transaction made the process seamless,” commented the company’s founder. “We knew throughout the transaction that Kregg was trustworthy, had our best interests at heart, and would be a strong advocate for us.”
“We had an incredible amount of interest in the Specialty Industrial Components Manufacturer, receiving 10 Indications of Interest (IOIs) and three Letters of Intent (LOIs) from highly qualified buyers,” said Kregg Kiel, M&A Advisor at Calder Capital. “It was clear that the buyer and his team were the right fit to carry on the company’s legacy while implementing new strategies for growth.”
“This transaction exemplifies Calder Capital’s ability to bring the right buyers and competition to the table,” said Max Friar, Managing Partner of Calder Capital. “We are thrilled to have played a role in connecting the sellers with a new ownership group that shares their commitment to quality and innovation.”
Calder Capital served as the Exclusive Sell-Side Mergers and Acquisitions Advisor to the Specialty Industrial Components Manufacturer.
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.
