September 2020 – Calder Capital, LLC is thrilled to announce that Integrated Manufacturing Concepts of Ceresco, Michigan, has been successfully acquired by an individual investor, Tom Tilma.
Integrated Manufacturing Concepts is a tube fabrication and bending products manufacturer serving various industries. The Company operates in a low-competition market and has many long-standing relationships with loyal clientele. Mark Lowell founded Integrated Manufacturing Concepts in 2003.
Mr. Lowell is a veteran in the industry, with experience as a plant manager at various large companies. After his work as a plant manager, he grew and sold a material handling business before exiting to work as a manufacturing consultant. After a few years as a consultant, he encountered the opportunity to get back into tube bending, and he seized the chance to purchase equipment and once again begin servicing his own clients. Since then, he has grown and run a successful operation and served his clients diligently for over a decade. When Mark’s wife retired this past year, he decided that it was a good time to sell the Company to the right buyer, join his wife in retirement, and spend more time with his family.
Integrated Manufacturing Concepts was highly sought after on the market and ultimately sold to individual investor, Tom Tilma. Mr. Tilma has experience as a sales engineer and sales manager at multiple firms. He was in the market for his own manufacturing business when he found Integrated Manufacturing via one of Calder Capital’s confidential marketing channels. Tom plans to build on the foundation that Mark laid for the Company and uphold the founder’s high-quality standards while growing the Company to meet market demand, and begin to expand into larger diameter bending.
In his years of operating Integrated Manufacturing Concepts, Mark Lowell kept the Company at lower volume work with a focus on precision, quality, and customer service, all of which combined drove his success. Mr. Tilma hopes to continue this vision while building on the Company’s growth potential. He intends to grow the company and take on larger-scale jobs.
“I was immediately intrigued by Integrated’s tremendous growth potential,” said Mr. Tilma, who acquired the Company. “Mark prioritized finding the most efficient and effective materials and equipment, in order to decrease lead-time and costs. He’s very attentive to quality. I hope to bring that same quality standard to the industry, but on a larger scale.”
“Mark Lowell built a very nice and sustainable business with a lot of room to grow. We’re very pleased to have found the right buyer in Mr. Tilma. It’ll be exciting to see how he expands on Mark’s work in the near future,” Max Friar, Managing Partner at Calder Capital, commented on the acquisition. “It’s an exciting acquisition for us as well, marking our 25th of 2020. Our firm has worked hard this year to strengthen our pipeline, and it’s rewarding to see how that work is paying off. We fully expect to hit our goal of 30 closed transactions before the year ends.”
Calder Capital, LLC was the Mergers and Acquisitions advisor to Integrated Manufacturing Concepts. Sam Scharich was the lead advisor on the acquisition. 68 buyers signed non-disclosure agreements and Calder received three competitive written offers.
“Sam was a great advisor to have in our corner,” said Mark Lowell, about the transaction. “He’s very passionate and energetic, and he brings with him Calder Capital’s mission to create a marketplace of multiple offers. He wasn’t inclined to wait for buyers to come to us, he really stepped out to boost interest. It’s thanks to his hard work and tenacity that we ended up being at such a competitive advantage for the sale.”
