Calder Capital is delighted to announce the successful acquisition of The Ferraro Group of Traverse City, Michigan by an individual investor.
The Ferraro Group, established in 2002, specializes in providing exceptional architectural design, interior design, and construction services to clients in the luxury home building industry. Based in Northwest Michigan, the company has a proven track record of delivering bespoke designs that reflect the unique preferences and lifestyles of its clients.
Under the leadership of Mike Ferraro, the company’s former president and founder, The Ferraro Group has built a reputation for excellence in the industry. After 21 years of dedicated service, Mike looks forward to transitioning into retirement, leaving behind a legacy of unparalleled craftsmanship and exceptional client service.
For Mike, retirement means pursuing another entrepreneurial venture in a different industry and spending more time with family.
Dane Englert of Phoenix, Arizona, is an accomplished Market Development Manager with a proven track record in the non-profit organization management industry. He holds an MBA degree from Arizona State University and has demonstrated exceptional leadership and strategic planning skills throughout his career.
Despite his success, Dane decided it was time for a change and sought to embark on an entrepreneurial journey. His quest for the perfect business opportunity led him to The Ferraro Group, represented by Calder Capital.
The Ferraro Group presented the ideal opportunity for Dane to fulfill his dream of owning his own business. With its commitment to quality, attention to detail, and personalized service, The Ferraro Group is the perfect fit for Dane’s passion for delivering exceptional client experiences.
Scott Nicholson of Calder Capital served as the lead Mergers & Acquisitions Advisor.
“Calder treated me like a billion-dollar client. They were very insightful, thorough, and responsive,” Mike shared. “Scott was extremely helpful, especially with all the little details not only with the sale but the transition period as well.”
Mike was not alone in his satisfaction with the transaction. Dane shared, “Working with Scott was an exceptional experience, where he not only met but exceeded my expectations. He always made himself available and handled everything with utmost professionalism and care. It was as if he was treating the deal as his own, leaving me feeling secure and in trusted hands. Overall, the transaction was a smooth and stress-free experience, and I highly recommend Scott and Calder Capital to anyone looking to buy or sell a business.”
“Mike has done an outstanding job of building a remarkable business, and it is an honor that he trusted us to help him find a suitable successor,” remarked Scott. “We are confident that Dane was the right buyer for The Ferraro Group, and we have no doubt that he will continue to drive the company’s success.”
“Congratulations to Mike and Dane! This successful acquisition illustrates both the importance of ensuring that individual entrepreneurs are considered when selling a business and also demonstrates the breadth of Calder’s reach and buyer network. Oftentimes, it’s not clear where the buyer will emerge, which is why Calder continues to invest heavily in its buyer recruitment efforts.” commented Calder’s Managing Partner, Max Friar.
Calder Capital, LLC served as the exclusive Mergers and Acquisitions Advisor to The Ferraro Group.
The terms of the transaction were not disclosed.
About The Ferraro Group
The Ferraro Group is an award-winning boutique firm that has been providing exceptional Architecture, Interior Design, and Construction services in the greater Grand Traverse area for over 20 years. Their talented team of architects, interior designers, and custom builders prioritizes the needs and desires of clients in the design process, creating imaginative, intelligent designs that are both aesthetically pleasing and practical. The company takes into account the latest technologies and construction methods to ensure designs are also technologically feasible and economically viable.
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.
