Transaction Summary
Calder Capital, a nationwide mergers and acquisitions advisory firm, is pleased to announce the successful acquisition of a Michigan-based electrical component manufacturer by a Michigan manufacturer and distributor.
The Acquisition Story
The Michigan-based company is a fully integrated electrical component manufacturer specializing in custom wire harnesses, lighting products, and related electrical assemblies. For more than five decades, the business has earned a strong reputation for manufacturing high-quality custom and stock electrical components while serving customers in the transportation and industrial sectors.
As the owner prepared for retirement and sought to focus on personal priorities, the company engaged Calder Capital’s Sell-Side team to identify a strategic buyer that would continue serving its customers while supporting the next phase of the business’s growth.
The engagement led to Calder Capital successfully marketing and advising the sale of the company to a manufacturer and distributor of electronic components and wire harnesses. The buyer’s complementary manufacturing capabilities, distribution expertise, and established customer relationships created a strong strategic fit and positioned the combined business for continued growth.
Calder Capital’s Transaction Team and Sale Process
Sam Scharich of Calder Capital served as the Lead Mergers & Acquisitions Advisor on the transaction. Jonathan Dykstra of Calder Capital provided backend support on the deal.
Calder’s Sell-Side team generated substantial market interest throughout the sale process, distributing 538 Confidential Information Memorandums (CIMs) to qualified buyers, receiving 27 indications of interest, and securing 13 Letters of Intent for the seller’s consideration.
Scharich shared, “The seller’s persistence throughout this process was remarkable. After multiple broken LOIs, he remained committed to finding the right outcome. His resilience and trust in Calder through this process was exceptional. His key employees were instrumental in helping get information quickly and helping get this deal to close.”
Garrett Monroe, Calder’s Sell-Side Managing Director, stated, “Calder was proud to advise the seller, a respected Michigan business, in their sale to a strong, local, strategic buyer. The seller has built an outstanding reputation in the wire harness manufacturing industry, a niche sector where Calder has developed meaningful transaction experience and buyer relationships. I also want to commend Sam Scharich for his persistence, steady communication, and leadership throughout this sales process. His work helped deliver a strong result for the sellers.”
Calder Capital served as the Exclusive Sell-Side Mergers and Acquisitions Advisor to the seller. The seller received legal counsel from Curt Rypma of Schenk Boncher & Rypma, while Chad Groggel and Deanna Brown of The CPA Group served as accountants to the seller. The buyer received legal counsel from Jon Siebers and Clayton Burnheimer of Rhoades McKee.
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.
Notice: Calder Capital, LLC is not affiliated with any similarly named organizations or entities. To verify communications from our firm, visit our website or contact [email protected].
