Jackson Tumble Finish of Jackson, MI, acquired by VSP Ventures of Ferndale, MI
Michimich.com/10304517

JACKSON, Mich. - Michimich -- Calder Capital is pleased to announce the successful sale of Jackson Tumble Finish of Jackson, Michigan, to VSP Ventures of Ferndale, Michigan.

Jackson Tumble Finish was founded by President Denise Losey's late husband, who operated the Company until 2006. After his passing, Denise assumed the role of President. Her leadership stabilized the Company during a critical period, and she ultimately positioned it for this successful transition as she pursues retirement, with the help of Calder Capital's Sell-Side advisory team.

Stephen Gross, of VSP Ventures, brings a decade of corporate leadership experience, including time at General Motors.

Denise shared, "After managing the company for 15 years, I am confident that Steve will carry Jackson Tumble Finish forward with integrity and care. I'm eager to assist him in leading the company before I fully retire."

"I am thrilled to take the helm of Jackson Tumble Finish and build upon the strong foundation Denise has established," Gross stated.

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Garrett Monroe of Calder Capital served as the lead Mergers and Acquisitions Advisor to Jackson Tumble Finish.

Through Calder's on-market process, the CIM was sent to 120 qualified buyers, and Jackson Tumble Finish ultimately received 8 offers.

Denise expressed her appreciation to Calder Capital and Monroe, saying, "If it wasn't for Garrett, I am not sure I would have made it through this process. He very professionally guided me through all the really tough spots, right up to the end. He deserves a lot of credit for this closing actually happening. He pulled me off the ceiling so many times and spent a lot of time educating me about the process so I could make good decisions. I really enjoyed working with him. I would recommend him and Calder to anyone and everyone who needs to sell their business."

Gross added, "Garrett was a fantastic resource throughout this process, and I enjoyed working with him. He is a straight-shooter, and I could always trust Calder Capital."

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"Garrett and our team navigated the transaction with professionalism and care, achieving an outcome that served the best interests of both parties. This marks yet another successful sale of a Michigan-based industrial company, a space in which Calder Capital continues to lead," said Max Friar, Founder and Managing Partner of Calder Capital.

Calder Capital served as the exclusive Sell-Side Mergers and Acquisitions Advisor to Denise Losey and Jackson Tumble Finish.

Learn more about Jackson Tumble Finish at https://www.jacksontumble.com/.

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. Calder's services include mergers and acquisitions advisory, private funds advisory, and business valuations. To learn more, please visit http://caldergr.com.