Small M&A Deal Market Dynamics: July 2020
I really appreciated the chance to contribute to a recent article, Pandemic injects some reluctance into small business M&A market, by Mark Sanchez at Mibiz.com, and wanted to summarize a few factors affecting the M&A transaction market presently that we discussed: Sellers of businesses have pulled back. This is entirely understandable; many owners are concerned […]
State of the M&A Marketplace: Present & Future
Review current 2020 M&A deal multiples, deal structure and other Q1 mergers & acquisitions trends and statistics from Calder Capital, LLC
Calder/SBDA Shatter Record, Close 15 Deals Jan-April 2020!
After closing a record 22 transactions in 2019, the Calder Capital/Small Business Deal Advisors team cranked up the volume and drove home 15 closings between January-April 2020, breaking the record for most closings in a four-month period.
Multi-State MAACO Operator Stonewall Road Automotive Group Acquired!
May 2020 – Calder Capital, LLC is pleased to announce the successful sale of multi-state MAACO franchise operator, Stonewall Road Automotive Group LLC, to Collision Consolidation Company LLC. Operating in three states in the Midwest, the Stonewall Road Automotive Group LLC (“SRAG”) is a multi-shop operator of MAACO automotive repair centers. SRAG is one of the […]
Multi-State MAACO Operator Stonewall Road Automotive Group Acquired!
May 2020 – Calder Capital, LLC is pleased to announce the successful sale of multi-state MAACO franchise operator, Stonewall Road Automotive Group LLC, to Collision Consolidation Company LLC. Operating in three states in the Midwest, the Stonewall Road Automotive Group LLC (“SRAG”) is a multi-shop operator of MAACO automotive repair centers. SRAG is one of […]
Integrated Manufacturing Concepts Acquired By an Individual Investor!
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 […]
Reasons To Be Optimistic About Selling
While understandably it can be easy to turn negative during trying times like these, we wanted to make sure you were aware of some reasons to be optimistic regarding the business-for-sale market. Are Buyers Active? Yes! Buyers are very active and we expect to entertain near-record inquiries in the coming months. During the first half […]
What Documentation is Needed to Apply for the Paycheck Protection Program?
Disclaimer: as the PPP is handled at the individual SBA Lender level, the items necessary may differ from lender to lender. Additionally, we are not lenders and the information listed here is FYI only. Please contact your business bank to get connected to the appropriate contact. You are likely receiving a lot of emails and […]
Under The CARES Act, The SBA Will Pay (In Full) 6 Months of Your 7a Loan
Section 1112 of the CARES Act requires the Small Business Administration (SBA) to make payments on new and existing 7(a) loans for six months. These are not deferments. They are full payments of principal and interest that the borrower will never be responsible for again.
Start Where You Are: Understanding Business Valuation As A First Step
We hope you are doing well and staying healthy. In turbulent times, it is even more imperative that business owners understand the value of their business, and what metrics drive valuation. We strongly advise owners to use this time to look internally at their own business; understanding the value of your company is the first […]
Small M&A Throughout and Following a Recession – Lessons from Recent History
The purpose of this post is to try to understand what may unfold using historical examples and analysis. Knowing the challenges of the past should better allow us to foster the creativity necessary to overcome those challenges should they unfold again.
SBA Disaster Assistance in Response to the Coronavirus
SBA Disaster Assistance in Response to the Coronavirus. SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance per small business and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
Attributes of Successful Transactions from the 2009 Deal Market
We have been recently doing some research into the archives of the post-Great Recession of the 2008-2010 deal market to try and understand what the near-term future may look like once the dramatic phase of COVID-19 runs its course. Of course, we would prefer not to think of those times but it’s best for buyers, […]
Protected: How to be a Buyer during the Coronavirus (or any Recession)
There is no excerpt because this is a protected post.
Valuation Multiples, Business Sale Timeline and Deal Structure in 2020: A Brief Overview
Let’s review some of the most important items that buyers, sellers, and advisors focus on when discussing the prospective sale or acquisition of a business. Multiples Paid for Businesses (by Transaction Value): Transaction Size Multiple Paid SDE/EBITDA <$500,000 2.0x SDE $500K – $1MM 2.8x SDE $1MM – $2MM 3.3x SDE $2MM – $5MM 4.3x EBITDA […]
Calder Capital welcomes Shane Kissack to the Team!
Calder Capital is pleased to announce the addition of Shane Kissack to the Calder team. Mr. Kissack has joined Calder as a Mergers and Acquisitions Advisor to assist and support Calder’s sell-side services for middle market clients in Northern Illinois and Southeast Wisconsin. Shane is an entrepreneurial-minded business development and strategy advisor serving small and mid-market business owners. […]
Laser Access, Inc. acquired by an Individual Investor!
March 2020 – Calder Capital, LLC is pleased to announce the successful sale of Walker, MI-based Laser Access Inc. to individual investor, Assy Okanin. Established in 1999, Laser Access is a market leader in the greater West Michigan area for 5-axis laser cutting and welding services. The Company provides automotive prototyping for the die making […]
Laser Access, Inc. acquired by an Individual Investor!
March 2020 – Calder Capital, LLC is pleased to announce the successful sale of Walker, MI-based Laser Access Inc. to individual investor, Assy Okanin. Established in 1999, Laser Access is a market leader in the greater West Michigan area for 5-axis laser cutting and welding services. The Company provides automotive prototyping for the die making […]
Graphics Embossed Images acquired by an Individual Investor!
February 2020 – Calder Capital, LLC is pleased to announce the successful sale of Graphics Embossed Images, Inc. (“Graphics Embossed Images”) of Grand Rapids, Michigan, to an Individual Investor. Graphics Embossed Images boasts over 45 years of experience providing foil stamping, embossing, die-cutting, and folding services to service printers throughout West Michigan and Indiana. The […]
Graphics Embossed Images acquired by an Individual Investor!
February 2020 – Calder Capital, LLC is pleased to announce the successful sale of Graphics Embossed Images, Inc. (“Graphics Embossed Images”) of Grand Rapids, Michigan, to an Individual Investor. Graphics Embossed Images boasts over 45 years of experience providing foil stamping, embossing, die-cutting, and folding services to service printers throughout West Michigan and Indiana. The […]
Spectrum Health Ventures has completed an Equity Investment in eVideon!
Calder Capital, LLC is pleased to announce that Spectrum Health Ventures has invested in Interactive Patient TV provider eVideon of Grand Rapids, MI. Founded in 1997, Spectrum Health is one of the nation’s top 15 health systems according to Truven Health Analytics. Based in West Michigan, Spectrum Health is comprised of 12 hospitals and 183 […]
D.C. Martin & Son Scales Acquired by Mettler-Toledo International Inc. (NYSE: MTD)!
February 2020 – Calder Capital, LLC is pleased to announce the successful sale of D.C. Martin & Son Scales, of Grand Rapids, Michigan, to Mettler Toledo International Inc. (NYSE: MTD). Founded in 1955, D.C. Martin & Son Scales sells, installs, maintains and calibrates industrial scales and weighing systems. The Company’s direct sales and service personnel […]
D.C. Martin & Son Scales Acquired by Mettler-Toledo International Inc. (NYSE: MTD)!
February 2020 – Calder Capital, LLC is pleased to announce the successful sale of D.C. Martin & Son Scales, of Grand Rapids, Michigan, to Mettler Toledo International Inc. (NYSE: MTD). Founded in 1955, D.C. Martin & Son Scales sells, installs, maintains and calibrates industrial scales and weighing systems. The Company’s direct sales and service personnel serve virtually […]
Spectrum Health Ventures has completed an Equity Investment in eVideon!
February 2020 – Calder Capital, LLC is pleased to announce that Spectrum Health Ventures has invested in Interactive Patient TV provider eVideon of Grand Rapids, MI. Founded in 1997, Spectrum Health is one of the nation’s top 15 health systems according to Truven Health Analytics. Based in West Michigan, Spectrum Health is comprised of 12 […]
Calder Capital is Moving Downtown GR! New Office Expected Spring 2020!
Updated March 2020: Due to the mandated stay at home order, the glasswork and finishing touches on Calder’s space have been delayed indefinitely. Here are some updated photos: Calder Capital is excited to announce that its plans for relocating downtown Grand Rapids are proceeding as planned. The firm’s new office will be located at 25 […]
Boelcke Heating & Air Conditioning acquired by an Individual Investor!
January 2020 – Calder Capital, LLC is pleased to announce the successful sale of Boelcke Heating & Air Conditioning (“Boelcke”) of Stevensville, Michigan, to an Individual Investor. Boelcke Heating and Air Conditioning of Stevensville, Michigan was founded in 1963, and since then has focused on customer satisfaction. The Company retains some of the most talented […]
Boelcke Heating & Air Conditioning acquired by an Individual Investor!
January 2020 – Calder Capital, LLC is pleased to announce the successful sale of Boelcke Heating & Air Conditioning (“Boelcke”) of Stevensville, Michigan, to an Individual Investor. Boelcke Heating and Air Conditioning of Stevensville, Michigan was founded in 1963, and since then has focused on customer satisfaction. The Company retains some of the most talented […]
Foxbright of Grand Rapids, MI acquired by an Individual Investor!

Grand Rapids, MI
Acquired By An
Individual Investor

Served as the Exclusive M&A Advisor to Foxbright
January 2020 – Calder Capital, LLC is pleased to announce that it has represented and advised on the sale of Foxbright to an Individual Investor. Foxbright, originally founded in 2002 in Grand Rapids, Michigan, is a software and web services company whose primary goal is to help schools improve and manage their websites. To accomplish […]
Foxbright of Grand Rapids, MI acquired by an Individual Investor!
January 2020 – Calder Capital, LLC is pleased to announce that it has represented and advised on the sale of Foxbright to an Individual Investor. Foxbright, originally founded in 2002 in Grand Rapids, Michigan, is a software and web services company whose primary goal is to help schools improve and manage their websites. To accomplish […]
Calder/SBDA Celebrate Blowout January, Hammer Home 10 Closings in January 2020!
After closing a record 22 transactions in 2019, the Calder Capital/Small Business Deal Advisors team cranked up the volume and drove home 10 closings in January 2020, breaking the record for most closings in a single month. “I’m not sure it gets much better than this,” affirmed Calder Managing Partner, Max Friar. “As I noted […]
2020 M&A Outlook & Multiples
While 2019 was filled with uncertainty and lots of questions surrounding what would result of the trade war, 2020 shows signs of continuing the largest U.S. economic expansion in history and lower middle market mergers & acquisitions activity is expected to remain elevated. Reflecting on 2019, Bizbuysell.com’s recent Insight Report stated: “What is certain is that 2019 […]
Topps Safety Apparel, Inc. Acquired by Pinnacle Textile Industries
Calder Capital, LLC is pleased to announce that it has represented Topps Safety Apparel (“Topps”) in its successful sale to Pinnacle Textile Industries, LLC (“Pinnacle Textile”). Topps Safety Apparel, based in Rochester, IN, is a leading designer and manufacturer of public safety and flame-resistant industrial apparel. Headquartered in Rochester, IN, Topps offers a complete range […]
Topps Safety Apparel, Inc. Acquired by Pinnacle Textile Industries
Calder Capital, LLC is pleased to announce that it has represented Topps Safety Apparel (“Topps”) in its successful sale to Pinnacle Textile Industries, LLC (“Pinnacle Textile”). Topps Safety Apparel, based in Rochester, IN, is a leading designer and manufacturer of public safety and flame-resistant industrial apparel. Headquartered in Rochester, IN, Topps offers a complete range […]
Wyoming, MI-based Precise CNC Routing, Inc. Acquired by Individual Investors!
December 2019 – Calder Capital is pleased to announce the successful acquisition of Wyoming, MI-based Precise CNC Routing, Inc. by local investors David and Carey Lefere. Established in 1995 by Rick Lemson, Precise CNC Routing is a family business that values commitment to problem-solving and customer service above all things. Precise CNC Routing offers a […]
Wyoming, MI-based Precise CNC Routing, Inc. Acquired by Individual Investors!
December 2019 – Calder Capital is pleased to announce the successful acquisition of Wyoming, MI-based Precise CNC Routing, Inc. by local investors David and Carey Lefere. Established in 1995 by Rick Lemson, Precise CNC Routing is a family business that values commitment to problem-solving and customer service above all things. Precise CNC Routing offers a […]
Calder/SBDA Continue to Smash Own Record with 21st Closing of 2019!
Recent Mergers & Acquisitions 2019 December 2019 – The Calder Capital/SBDA Team is very pleased to announce the expansion of its closing record with the successful sourcing of an equity investment for Augusta, MI-based Turf Works Supply. Calder Advisor Ghazey Aleck served as the lead project manager. According to Calder Managing Partner, Max Friar, “2019 […]