Trending...
- Roofman USA Expands Roofing Services Across Michigan, Adding Key Locations - 180
- Green Office Partner Named #1 Best Place to Work in Chicago by Crain's for 2025 - 167
- "Leading From Day One: The Essential Guide for New Supervisors" Draws from 25+ Years of International Management Experience - 156
Calder Capital is pleased to announce the successful acquisition of EBW Electronics, headquartered in Holland, MI, by ADAC, based in Grand Rapids, MI.
GRAND RAPIDS, Mich. - Michimich -- ADAC, a diversified solutions provider to the automotive, industrial, medical, marine and other industries reached out to Calder Capital's Buy-Side team in pursuit of a strategic acquisition opportunity. ADAC sought an acquisition that would support ADAC's innovation and end-market diversification goals.
Founded in 1992, EBW Electronics today has over 150 employees and is a global leader, specializing in electronic manufacturing solutions. Their products include performance sensors, switches, actuators, and lighting systems for a variety of sectors.
"With the incredible support and commitment from the Teets family ownership, we are excited to bring together two great family-owned companies with aligned cultures, work ethic, and innovative mindsets" commented Jon Husby, President and CEO of ADAC.
More on Michimich.com
Cory Steeby, President of EBW Electronics (EBWE), stated "for 34 years, EBW has thrived under the LeBlanc family's commitment to our people, our customers, and doing things the right way."
Patrick Robey of Calder Capital served as the lead Mergers and Acquisitions Advisor to ADAC. Over the course of the engagement, Calder facilitated 36 introductions between ADAC and prospective acquisition targets before successfully guiding the parties through a signed letter of intent and closing.
"Calder Capital's support through the entire process was invaluable and helped make this West Michigan based opportunity a reality for ADAC and the long-term vision of the Teets family," said Husby. "Patrick's professionalism, responsiveness, and understanding of our strategic goals were evident from day one. The Calder team provided a steady stream of qualified opportunities and acted as trusted advisors throughout the entire process. We are grateful for their guidance in helping us secure a great cultural and technical fit in EBW Electronics."
More on Michimich.com
"We felt respected and understood when working with Patrick Robey and the Calder Capital team," said Cory Steeby. "The sales process was smooth, and Calder Capital was both knowledgeable and professional. We are excited to be in this new partnership with ADAC."
"We're honored to have worked with ADAC's leadership to help them secure an acquisition that fits well with their growth vision," commented Max Friar, Founder and Managing Partner of Calder Capital.
Calder Capital, LLC, served as ADAC's Exclusive Buy-Side Mergers and Acquisitions Advisor.
About Calder Capital:
Calder Capital 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. To learn more, please visit http://caldergr.com
Founded in 1992, EBW Electronics today has over 150 employees and is a global leader, specializing in electronic manufacturing solutions. Their products include performance sensors, switches, actuators, and lighting systems for a variety of sectors.
"With the incredible support and commitment from the Teets family ownership, we are excited to bring together two great family-owned companies with aligned cultures, work ethic, and innovative mindsets" commented Jon Husby, President and CEO of ADAC.
More on Michimich.com
- 3E Launches First AI Agent Designed to Respond with Empathy for College Recruitment
- Security Alert: TZNXG Warns Investors About "Fund Recovery" Scams
- Assent Unveils Extended Producer Responsibility Packaging Solution to Simplify Compliance with Expanding Packaging Laws
- KatalisCoin: "Too Secure" for Bad Actors - Platform Embraces "Excessive Compliance" Criticism
- Keyanb Exchange Implements Enhanced Security Protocols Amid Industry-Wide Trust Challenges
Cory Steeby, President of EBW Electronics (EBWE), stated "for 34 years, EBW has thrived under the LeBlanc family's commitment to our people, our customers, and doing things the right way."
Patrick Robey of Calder Capital served as the lead Mergers and Acquisitions Advisor to ADAC. Over the course of the engagement, Calder facilitated 36 introductions between ADAC and prospective acquisition targets before successfully guiding the parties through a signed letter of intent and closing.
"Calder Capital's support through the entire process was invaluable and helped make this West Michigan based opportunity a reality for ADAC and the long-term vision of the Teets family," said Husby. "Patrick's professionalism, responsiveness, and understanding of our strategic goals were evident from day one. The Calder team provided a steady stream of qualified opportunities and acted as trusted advisors throughout the entire process. We are grateful for their guidance in helping us secure a great cultural and technical fit in EBW Electronics."
More on Michimich.com
- TSWHZC Platform Combines Automated Portfolio Management with Proof of Reserves for Brazil Market Entry
- AureaVault Positions Digital Asset Infrastructure for Shifting Monetary Policy Environment
- JQRBT Unveils High-Speed Trading Infrastructure Designed for Growing Institutional Crypto Market
- New Leadership and Renovations Usher in Next Chapter for Sunrise Manor
- Who Will Win the 2025 WNBA Finals? OddsTrader Shares Live Betting Odds and Projections
"We felt respected and understood when working with Patrick Robey and the Calder Capital team," said Cory Steeby. "The sales process was smooth, and Calder Capital was both knowledgeable and professional. We are excited to be in this new partnership with ADAC."
"We're honored to have worked with ADAC's leadership to help them secure an acquisition that fits well with their growth vision," commented Max Friar, Founder and Managing Partner of Calder Capital.
Calder Capital, LLC, served as ADAC's Exclusive Buy-Side Mergers and Acquisitions Advisor.
About Calder Capital:
Calder Capital 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. To learn more, please visit http://caldergr.com
Source: Calder Capital
Filed Under: Manufacturing
0 Comments
Latest on Michimich.com
- CELOXFI Platform Demonstrates Advanced Security Architecture and Regulatory Framework
- Work 365 Launches PV 3.0: The Keystone Power App for Microsoft CSPs
- Local consultant shows small businesses how to turn red tape into real money
- Nora Knople Honored as a Leader and Innovator in Hypnosis
- Tour Napa Like a Local: Vines of Napa Valley Wine Passport AKA Vine Pass Unlocks Hidden Gems
- Dental Surgical Center Accepts Sedation Patients with Medicaid for MD, WV, PA and DC
- Sloan's Lake Dental Launches New Website to Enhance Patient Experience and Access to Modern Dental Care
- Only 3 Weeks Left till the Start of the OpenSSL Conference 2025
- Comerica Incorporated Names Kristina Janssens Senior Executive Vice President and Chief Risk Officer
- ENTOUCH Completes $50 million Funding Round
- Teaming Agreement with Emtel Energy USA to Advance Thin-Film PV Energy Storage Capabilities; NASA agreements for Solar Space Tech; Ascent Solar $ASTI
- Nebuvex Acknowledges Platform "Too Secure" for Anonymous Traders; Institutional Investors Disagree
- From Tokyo to Berlin: FreeTo.Chat Unites Cultures with the World's First Confession VRX — EmojiStream™
- AZETHIO Launches Multi-Million Dollar User Protection Initiative Following Unprecedented Platform Growth
- Matecrypt Observes South American Cryptocurrency Adoption Surge Amid Economic Shifts
- Assent Uncovers Over 695 Unique PFAS Across Global Supply Chains as Regulations Increase
- Cryptocurrency Quarterly Trading Volume Surpasses $15 Trillion Record High as BrazilNex Acknowledges Industry 'Growing Pains' Amid Market Speculation
- AHRFD Initiates Legal Proceedings Against Anwalt.de for Publishing Defamatory and False Content
- New Analysis Reveals the Complex Forces Driving the 'Great Human Reshuffle'
- Elevate Unveils GroundComm X30 at 2025 International GSE Expo in Las Vegas