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150+ Year Old Family Business, Requarth Co. of Dayton, OH, Acquired by Schockman Lumber of OH
eTradeWire News/10803628
DAYTON, Ohio - eTradeWire -- Calder Capital is excited to announce the successful acquisition of Requarth Co. of Dayton, Ohio, by Schockman Lumber of St. Henry, Ohio.
Schockman Lumber, a family-owned building materials supplier, has a presence throughout Ohio, Indiana, and Michigan. Seeking to grow acquisitively and across new geographies, Schockman's team engaged Calder's Buy-Side team.
Founded in 1860, Requarth Co. has served the Dayton community and beyond for over 160 years. The company has earned a national reputation for quality and craftsmanship, having famously sold lumber to the Wright brothers for a number of their airplanes.
Matt Uhl of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Schockman Lumber.
The transaction was an off-market opportunity, initiated through Calder's proactive outreach on behalf of Schockman Lumber. This marks just one of many opportunities Calder continues to generate for Schockman Lumber as part of an ongoing strategic acquisition campaign.
More on eTradeWire News
"We were incredibly impressed with how Calder's team connected us with Requarth within just three months of our initial engagement," shared Bruns. "That level of efficiency and precision reflects the strength of Calder's process and network. We've been so pleased with the experience that we're continuing to partner with their Buy-Side team, including Matt Uhl, to pursue additional add-on acquisitions."
"When Calder first approached us, we weren't actively looking to sell, but their thoughtful approach made us willing to have the conversation," reflected Pippenger. "Working with Matt Uhl and the Calder Buy-Side team was a positive experience. They and Schockman Lumber understood what mattered to us. It is encouraging and important that the Schockman Group is also family owned and operated and has a history of maintaining local management and staff."
Uhl shared, "It was a privilege to support Doug through the process and deliver such a great match for both parties and their stakeholders."
Max Friar, Managing Partner of Calder, added, "Finding this off-market opportunity within just three months of our engagement with Schockman Lumber speaks to the strength of our outreach strategy and it also reflects the outstanding reputation and values that Schockman Lumber brings to the market."
More on eTradeWire News
Calder Capital served as the Exclusive Buy-Side Mergers and Acquisitions Advisor to Schockman Lumber.
About Calder Capital:
Founded in 2013, 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 and capital markets advisory, and business valuations. To learn more, visit https://www.caldergr.com.
To learn more about Requarth Co., visit https://www.requarth.com.
To learn more about Schockman Lumber, visit https://www.schockmanlumber.com.
Schockman Lumber, a family-owned building materials supplier, has a presence throughout Ohio, Indiana, and Michigan. Seeking to grow acquisitively and across new geographies, Schockman's team engaged Calder's Buy-Side team.
Founded in 1860, Requarth Co. has served the Dayton community and beyond for over 160 years. The company has earned a national reputation for quality and craftsmanship, having famously sold lumber to the Wright brothers for a number of their airplanes.
Matt Uhl of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Schockman Lumber.
The transaction was an off-market opportunity, initiated through Calder's proactive outreach on behalf of Schockman Lumber. This marks just one of many opportunities Calder continues to generate for Schockman Lumber as part of an ongoing strategic acquisition campaign.
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"We were incredibly impressed with how Calder's team connected us with Requarth within just three months of our initial engagement," shared Bruns. "That level of efficiency and precision reflects the strength of Calder's process and network. We've been so pleased with the experience that we're continuing to partner with their Buy-Side team, including Matt Uhl, to pursue additional add-on acquisitions."
"When Calder first approached us, we weren't actively looking to sell, but their thoughtful approach made us willing to have the conversation," reflected Pippenger. "Working with Matt Uhl and the Calder Buy-Side team was a positive experience. They and Schockman Lumber understood what mattered to us. It is encouraging and important that the Schockman Group is also family owned and operated and has a history of maintaining local management and staff."
Uhl shared, "It was a privilege to support Doug through the process and deliver such a great match for both parties and their stakeholders."
Max Friar, Managing Partner of Calder, added, "Finding this off-market opportunity within just three months of our engagement with Schockman Lumber speaks to the strength of our outreach strategy and it also reflects the outstanding reputation and values that Schockman Lumber brings to the market."
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Calder Capital served as the Exclusive Buy-Side Mergers and Acquisitions Advisor to Schockman Lumber.
About Calder Capital:
Founded in 2013, 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 and capital markets advisory, and business valuations. To learn more, visit https://www.caldergr.com.
To learn more about Requarth Co., visit https://www.requarth.com.
To learn more about Schockman Lumber, visit https://www.schockmanlumber.com.
Source: Calder Capital
Filed Under: Consumer
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