Calder Capital is delighted to share that an Ohio forklift dealership has been acquired by BMH Equipment, LLC (“BMH”) of Washington, DC.
Looking to expand its footprint, BMH engaged Calder Capital’s Buy-Side team. The buyer’s acquisition criteria was a business of similar operation and larger size to its current. The Calder team made 43 introductions and set up 27 conference calls for BMH.
The sellers of the Ohio forklift dealership found the idea of merging with BMH to create a stronger overall dealership very intriguing but were not actively looking to sell. In terms of industry, size, and location, the acquisition enhanced and expanded BMH’s existing capabilities.
This strategic acquisition is the 2nd closed transaction Calder Capital has introduced to BMH Equipment, LLC.
The remaining details and terms of the transaction were not disclosed.
Parker Schaap of Calder Capital served as the lead Mergers & Acquisitions Advisor.
“It has been very exciting to see a Buy-Side client acquire multiple companies. Our client’s vision was to become one of the largest ‘one-stop shop’ material handling distributors in the USA, and we were committed to making that happen,” Parker shared. “The Buy-Side team makes a huge difference for its clients!”
Sam Scharich, Buy-Side Director added, “We are very excited about BMH Equipment’s lightning-fast growth and continued success. They did a great job weaving together the multiple layers of financing partners and the many different components that made up the deal structure. We’re excited to see what’s next for them!”
Calder Capital, LLC served as the exclusive Mergers and Acquisitions Advisor to BMH Equipment, LLC.
About Calder Capital
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.
About BMH Equipment
BMH Equipment, LLC acquires and operates material handling equipment dealerships throughout the United States. BMH is one of the fastest-growing companies in the material handling space, growing 375% year-over-year in 2021. The Company’s product lines span pallet racks, shelving, conveyors, mezzanine, and forklifts and enable manufacturers, distributors, and logistics providers to get what they need where they need it in the most efficient manner possible. Learn more at www.bhmhinc.com.
