With a Two-Year Revenue Growth of 159%, Calder Capital Ranks No. 73 on Inc. Magazine’s List of the Midwest Region’s Fastest-Growing Private Companies

Companies on the 2024 Inc. 5000 Regionals: Midwest list had an average growth rate of 134%.

Grand Rapids, MI, February 27th, 2024 – Inc. magazine today revealed that Calder Capital is No. 73 on its fourth annual Inc. 5000 Regionals: Midwest list, the most prestigious ranking of the fastest-growing Midwest private companies, based in Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest economy’s most dynamic segment- its independent small businesses.

“It is a massive honor to be ranked three years in a row in the top 5 fastest-growing companies in West Michigan,” stated Calder’s Founder and Managing Partner, Max Friar. “Just as in 2022, macroeconomic sentiment did not favor our industry in 2023. Interest rates hit new heights, inflation remained persistently high, lending seized up, and there was constant talk of recession. Our team adhered to our values of determination, honesty, steadiness, and acting with honor, combined them with discipline and accountability to sales goals, and sure enough, here we are once again knocking at the door of blowout growth! I couldn’t be more proud of our team.”

Calder Capital was ranked #73 out of 172 in the Midwest and #7 out of 20 in Michigan, once again placing it in the top 5 fastest-growing companies in West Michigan.

The companies on this list show a remarkable rate of growth across all industries in the Midwest region. Between 2020 and 2022, these 172 private companies had an average growth rate of 134.06 percent; by 2023, they’d also added 14,830 jobs and $24.5 billion to the region’s economy.

Complete results of the Inc. 5000 Regionals: Midwest, including company profiles, can be found at inc.com/Midwest. You’ll also find an interactive database that can be sorted by industry, metro area, and other criteria.

“The honorees in our Inc. 5000 network are the Who’s Who of private companies. They’re energizing regional economies as they engineer the future of their industries. Learn who they are and what they do – they’ll be impacting things for a while,” said Eric Hagerman, Special Projects Editor at Inc. Media.

Founded in 2013, Calder Capital, LLC is a lower middle market M&A Advisory Firm focused on representing sellers of industrial, distribution, and business services companies with enterprise value from $1-250MM; and strategic buyers seeking platform and bolt-on acquisitions in the same market segments. Calder has been recognized in many past Inc. 5000 lists including: 

•  Inc. 5000 Fastest Growing Companies Nationwide List in 2021 
•  Inc. 5000 Regionals Midwest Region’s Fastest-Growing Companies in 2022
•  Inc. 5000 Fastest Growing Companies Nationwide List in 2023
•  Inc. 5000 Regionals Midwest Region’s Fastest-Growing Companies in 2023

Methodology 

The 2024 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2020 and 2022. To qualify, companies must have been founded and generating revenue by March 31, 2020. They had to be U.S.-based, privately held, for-profit, and independent-not subsidiaries or divisions of other companies-as of December 31, 2022. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2022 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.   

About Inc. Media  

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent. 

The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.  

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.