Transaction Summary
Calder Capital, a nationwide mergers and acquisitions advisory firm, is pleased to announce the successful acquisition of Model Die & Mold, Inc. of Wyoming, Michigan, by Maynards Industries USA, LLC of Southfield, Michigan.
The Acquisition Story
Model Die & Mold is a second-generation, family-owned West Michigan business. It was founded in 1966 and was led and owned by Gordon Brown since 2011. The Company specializes in the design and manufacture of precision compression molds, injection molds, carbon fiber molds, and die-cast dies for customers across the United States and internationally, including major OEMs and Tier-1 suppliers in automotive, aerospace, defense, heavy equipment, and other industrial markets. With the objective of maximizing value in the sale of the business, Brown engaged Calder’s Sell-Side team.
Model Die & Mold’s engagement led to Calder Capital marketing and advising the sale of its business assets to Maynards Industries USA, LLC.
Maynards Industries USA, LLC is part of Maynards, an industrial auction and asset solutions platform serving manufacturers and other asset-intensive businesses through auctions, private sales, appraisals, and related disposition services. Maynards’ acquisition search and transaction capabilities are focused on industrial assets and specialized manufacturing equipment, making Model Die & Mold’s tooling and mold manufacturing assets a fit for Maynards’ disposition expertise.
Calder Capital’s Transaction Team and Sale Process
Edson Ramirez of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Model Die & Mold. Serving as Lead Associate was Riley Hagen of Calder Capital.
Calder’s Sell-Side team generated strong market interest during the sale process, with 114 Confidential Information Memorandums (CIMs) distributed to qualified buyers, and 11 offers received.
Edson shared, “Gordon and the Model Die & Mold team have built a respected manufacturing business over many decades. Our objective was to bring structure, expertise, and market discipline to the sales process so the Company’s assets could be positioned in front of the right strategic and industrial buyers. Ultimately, we were glad that we could help Gordon maximize the value of his business.”
Garrett Monroe, Calder’s Sell-Side Managing Director, stated, “Calder Capital is equipped to advise business owners through urgent sales, fire sales, business wind-downs, and other time-sensitive M&A situations where speed and buyer access are critical.” Monroe continued, “Our team ran a disciplined sale process, generated meaningful interest from qualified buyers, and helped Gordon pursue the best available outcome for the Company’s specialized manufacturing assets.”
Calder Capital served as the Exclusive Sell-Side Mergers and Acquisitions Advisor to Model Die & Mold, Inc. The Seller’s legal counsel was Wesseling & Brackmann. The Buyer’s legal counsel was Keller & Almassian.
About Model Die & Mold, Inc.:
Model Die & Mold, Inc. was founded in 1966. Model Die & Mold is a Michigan-based designer and manufacturer of precision compression molds, plastic injection molds, carbon fiber molds, and die-cast dies. The Company serves customers across automotive, aerospace, defense, heavy equipment, industrial equipment, medical, and other end markets.
About Maynards Industries USA, LLC:
Maynards Industries USA, LLC is an industrial asset disposition, auction, appraisal, and private-sale firm serving manufacturers and other asset-intensive businesses. Maynards provides solutions for industrial equipment auctions, private sales, appraisals, and related asset monetization needs. To learn more, please visit www.Maynards.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].
