Transaction Summary
Calder Capital, a nationwide mergers and acquisitions advisory firm, is pleased to announce the successful sale of Precision Wire EDM Service of Walker, Michigan, to Calisota Parts, LLC of Frankfort, Illinois.
The Acquisition Story
Founded in 1991, Precision Wire EDM Service specializes in high-precision manufacturing, ranging from laser cutting to EDM (electrically discharged machining) sinking and cryogenic treatment technology. Since inception, Precision has grown to serve clients in automotive, technology, mold and die, and municipal, among many other sectors, throughout the Midwest. Frank and Tari Kruzel ultimately decided to sell their business as part of their long-term succession plan. The sellers engaged Calder Capital’s Sell-Side as they prepare for retirement and reduce daily involvement.
Calisota Parts, led by Rotimi “Ro” Sekoni and Rob Novak, is a precision manufacturing platform specializing in CNC, EDM, stamping, 3D, plating, and powder coating, with capabilities supporting both complex and large part production. The Company serves aerospace and defense, medical, infrastructure, power, and industrial end markets. The acquisition of Precision Wire EDM expands Calisota’s EDM footprint and strengthens its portfolio of advanced manufacturing services.
Calder Capital’s Transaction Team and Sale Process
Rick Purcey of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Precision Wire EDM Service. Serving as Lead Analyst was Nick Browning of Calder Capital.
Calder’s Sell-Side team generated strong market interest, resulting in 169 Confidential Information Memorandums distributed to qualified buyers and 6 offers received, with Calisota’s offer rising to the top.
Purcey reflected, “Precision Wire has an incredibly diverse customer concentration for a B2B business. The Company has just the type of operational excellence that strategic buyers value, and it was enjoyable to see Frank and Tari’s hard work come to fruition.”
Max Friar, Managing Partner of Calder Capital, shared, “Throughout the year, we have seen a steady amount of American manufacturers for sale, and most have commanded strong offers, with strategic and financial buyers leaning into the reshoring of American production. We are proud to support owners like Frank and Tari as they transition their business, and we are excited to see Calisota Parts expand its platform with Precision Wire’s complementary operation.”
Calder Capital served as the Exclusive Sell-Side Mergers and Acquisitions Advisor to Precision Wire EDM Service. Kevin Keenan of The Keenan Legal Group, PLLC, and Rob Oostendorp of Nienhuis Financial Group also represented the sellers. Calisota Parts, LLC was represented by Lucero “Lu” Tennis Kieffer of Jackson Kelly PLLC, with Ryan Parker assisting on real estate diligence.
About Precision Wire EDM Service:
Founded in 1991, Precision Wire EDM Service is a specialized job shop offering advanced manufacturing solutions, including laser cutting, EDM sinking, and cryogenic treatment technologies. With more than 200+ customers across the Midwest, the Company is known for precision, efficiency, and durable component performance. To learn more, please visit www.PWEDM.com
About Calisota Parts:
Calisota Parts, LLC is a precision manufacturing platform specializing in CNC, EDM, stamping, 3D, plating, and powder coating services, serving complex and high-volume needs across aerospace and defense, medical, infrastructure, power, and industrial markets. To learn more, please visit www.CalisotaParts.com
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].
