“The Calder Capital team was pleasant to work with, responsive, and financially organized throughout the entire process. They put together a great presentation of my business that accurately showcased its strengths and attracted multiple strong buyers.”
– Rachel Borenstein, President, AAA Engineering, Chicago, IL (Seller)
“Through the acquisition process, Calder Capital acted with tact, trust, and professionalism. They supplied the diligence required and their responsiveness helped inform our decision-making.”
– Shyam Raj, Co-Owner, AAA Engineering, Chicago, IL (Buyer)
Calder Capital is pleased to announce the successful sale of AAA Engineering, a Chicago, Illinois-based engineering firm, to strategic individuals, Brian Castro and Shyam Raj of Chicago, Illinois.
AAA Engineering has built a strong reputation for delivering high-quality mechanical, electrical, plumbing, communications, and traction power engineering services, as well as construction administration, construction management, and inspection services. The firm serves clients across Illinois, Wisconsin, and Indiana, maintaining a commitment to precision and excellence in its industry.
With AAA Engineering President and Owner Rachel Borenstein looking to transition into her next opportunity, she engaged Calder Capital’s Sell-Side team.
“As I sought to transition out of AAA Engineering, my greatest priority was finding the right buyers who could maintain the values, relationships, and quality that we have upheld for years,” Rachel commented. “With Brian and Shyam at the helm, I am confident that the company is in the right hands.”
Brian Castro and Shyam Raj bring extensive experience and leadership to AAA Engineering as its new owners. Brian Castro, now CEO, is a civil engineer with nearly 15 years of experience in design engineering, construction management, and program oversight. Shyam Raj, now COO, has held executive roles in major Midwest engineering firms and has extensive expertise in renewable energy and operational strategy. He has worked internationally and is committed to expanding AAA Engineering’s reach while maintaining its trusted reputation.
“We are excited to acquire AAA Engineering and continue its legacy of excellence,” stated Brian Castro. “This is an incredible opportunity to build on the company’s strengths and expand its services to meet the growing needs of our clients.”
Shane Kissack of Calder Capital served as the Exclusive Mergers & Acquisitions Advisor to AAA Engineering and was aided by his Calder Capital colleague, Jakob Simonds.
Calder’s Sell-Side Team generated significant interest resulting in 79 CIMs sent to qualified buyers resulting in 5 Letters of Intent (LOIs) received.
“We are honored to build upon the strong foundation that Rachel has established,” said Shyam Raj. “Through the acquisition process, Calder Capital acted with tact, trust, and professionalism. They supplied the diligence required and their responsiveness helped inform our decision-making.”
“The Calder Capital team was pleasant to work with, responsive, and financially organized throughout the entire process. They put together a great presentation of my business that accurately showcased its strengths and attracted multiple strong buyers,” stated Rachel Borenstein.
“AAA Engineering’s strong reputation and service offerings to the public and private sectors made it an attractive acquisition target, and we are pleased that Brian and Shyam emerged as the ideal buyers,” noted Shane Kissack.
“The sale of AAA Engineering represents another successful exit, conducted by Calder Capital, for a well-established business in the construction services sector,” said Max Friar, Managing Partner of Calder Capital. “Rachel built a fantastic company, and we are thrilled that Brian and Shyam will be carrying its legacy forward. This transaction is a testament of how Calder pairs highly qualified buyers with outstanding businesses.”
Calder Capital, LLC served as the Exclusive Mergers and Acquisitions Advisor to AAA Engineering.
About AAA Engineering:
AAA Engineering is a minority-owned small business serving Illinois, Wisconsin, and Indiana. The firm specializes in Mechanical, Electrical, Plumbing, Communications, and Traction Power Engineering, as well as Construction Administration, Construction Management, and Inspection Services. To learn more, please visit https://aaaengineering.net.
About Calder Capital:
Founded in 2013, Calder Capital, LLC is a lower middle market investment bank providing mergers and acquisitions advisory services to business owners, entrepreneurs, family offices, and investors across the United States. Our dedicated team of professionals combines extensive industry experience, technological innovation, negotiation savvy, and key relationships to exhibit exceptional execution. Calder’s services include mergers and acquisitions advisory, private funds and capital markets advisory, and business valuations. To learn more, please visit http://caldergr.com.
