Calder Capital is proud to announce the successful acquisition of a Michigan-based Commercial and Industrial General Contractor by a Local Electrical Contractor.
The acquired company, founded in 1979, has long been recognized for its significant contributions to the region’s construction industry. Originally specializing in industrial foundation concrete, the company expanded its expertise to encompass carpentry and project management.
This strategic move by the acquiring electrical contractor, known for its work in new construction, renovations, and a broad spectrum of electrical services, marks an enhancement of its service portfolio, team expansion, and client base diversification. The merger is expected to strengthen the contractor’s market presence and operational capabilities.
Rick Purcey served as the Lead Mergers and Acquisitions Advisor to the Commercial and Industrial Contractor. Despite challenges and a complex market, the Calder team’s relentless determination facilitated a seamless transaction.
“Congratulations to all parties, it was great working with the Seller and Buyer,” noted Rick.
“Congratulations to the Seller and Buyer teams on this successful transaction! The synergies were apparent from the start and now both companies march into the future stronger together,” stated Max Friar, Calder’s Founder. “This deal helps solidify Calder’s expertise and experience as construction industry M&A experts. We look forward to helping many more owners in the space!”
Calder Capital, LLC served as the exclusive Mergers and Acquisitions Advisor to the Commercial and Industrial General Contractor.
The terms of the transaction were not disclosed.
About Calder Capital, LLC
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.