Calder Capital proudly announces that it was recognized as a Top 10 Lower Middle Market M&A Advisor by Axial for the period 2020-2024. This recognition acknowledges M&A advisory excellence in the sub-$10M M&A market.
Calder Capital is ranked #10 nationally, is the only Michigan-based firm on the list, and only one of three firms in the Midwest to be recognized.
Calder Capital continues to distinguish itself as a premier buy-side and sell-side M&A advisor, specializing in businesses valued between $1M and $100M across manufacturing, construction, distribution, and business services. With an experienced team of over 30 professionals, Calder leverages its proprietary buyer database, national reach, and aggressive sourcing strategies to drive successful transactions. Between 2020 to 2024, Calder has consistently closed 40+ transactions a year.
This ranking is based on Axial’s league table methodology, which evaluates firms using four key factors: deal attractiveness, ability to create buyer competition, M&A process effectiveness, and closing success rate. As functions of their independent evaluation, Axial measured buyer pursuits per deal, ability to advance buyers from NDA to CIM, and high LOI execution and close rates. This comprehensive approach ensures that only the most effective and results-driven firms earn a place on the list.
“This recognition by Axial is a testament to Calder raising the bar for lower Middle Market sell-side representation,” said Max Friar, Founder and Managing Partner of Calder Capital. “We are thankful and beyond honored to receive this recognition.”
Complete results for Top 10 Lower Middle Market M&A Advisor list can be found on the Axial website.
About Axial
Axial is the largest private deal network serving professionals who own, advise, or invest in small and medium-sized businesses in North America. Over the last 14 years, Axial has established a single, well-known platform that business owners and deal professionals trust to discover and connect with new transaction partners. To learn more, please visit www.axial.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. Calder’s services include mergers and acquisitions advisory, private funds and capital markets advisory, and business valuations. To learn more, please visit www.caldergr.com