Calder Capital is pleased to announce that Grand Rapids, MI-based Think Chromatic, LLC, has been acquired by Individual Investor, Matt Emery.
After nearly 15 years working in the 3D industry, Jay Hoelscher decided that he was ready to pursue other interests, including potentially returning to his roots as a university instructor in 3D design and animation. Jay was very pleased with the smooth transition, stating, “the efficiency and transparency throughout the entire sale process surpassed my expectations. Within the first week of being on the market over 20 qualified parties had expressed interest in the business. Calder did a great job of coordinating and managing the process. We launched onto the market in late October and despite the hurdles of the holidays and government shutdown, we were able to get the deal done in less than 3 months!”
The Individual Investor acquiring Think Chromatic, Matt Emery, is eager to continue the success that the company has achieved thus far. “After months of searching, I definitely found the perfect business! I look forward to continuing Think Chromatic’s fast-paced growth and working in a team of talented individuals. I see a great opportunity to grow the business and look forward to continuing the legacy that Jay established!”
Calder Capital, LLC served as the exclusive M&A Advisor to Think Chromatic, LLC. Think Chromatic engaged Calder Capital in the Fall of 2018 and the transaction closed in February 2019. It was our team’s 1st closing of 2019 and its 16th transaction in the trailing twelve month (TTM) period.
About Think Chromatic, LLC:
Think Chromatic, LLC is a profitable and growing CGI 3D rendering and animation agency. Founded in 2014 by entrepreneur Jay Hoelscher, the Company has grown consistently and is presently supported by a highly-skilled and motivated team. Think Chromatic touts a diverse customer base with a growing base of world-class clients.
Thank you to MiBiz.com and Mark Sanchez for covering the Think Chromatic acquisition and for the publication’s dedication and focus on the small M&A market in Western Michigan!
