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Cella Building Company of Grand Rapids, MI, acquired by Entrepreneur of East Grand Rapids, MI
eTradeWire News/10822527
GRAND RAPIDS, Mich. - eTradeWire -- Calder Capital is thrilled to announce the successful sale of Cella Building Company of Grand Rapids, Michigan, to Individual Entrepreneur Steve Achram of East Grand Rapids, Michigan.
Founded in 1996, Cella Building Company has built a strong reputation for high-performance design and construction within diverse, urban environments. Owners Mike Coyne and Peter Skornia engaged Calder's sell-side team to identify an acquirer aligned with the Company's commitment to sustainability, employee well-being, client satisfaction, and to offer Mike the ability to retire, while giving Peter the ability to remain a leader at the company.
Steve Achram, a licensed engineer with over 23 years of experience leading multidisciplinary teams across public and private sectors, brings deep operational and project management expertise to his new role.
Coyne commented, "It's been a privilege to contribute to the community through purpose-driven construction. I will remain a managing member of 730 Leonard Street Partners LLC and W&S Development Partners LLC, and I look forward to continuing those important projects."
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"I've always respected Cella's approach to sustainable design," stated Achram. "I was really impressed from day one with their talented team."
Rick Purcey of Calder served as the Lead Mergers & Acquisitions Advisor to Cella Building Company. Serving as Lead Analyst was Nick Browning of Calder.
The engagement lasted 11 months from start to finish. Over 109 CIMs were distributed to qualified buyers upon going to market. Within weeks of going to market, the sellers recognized that Achram stood out as the preferred successor of Cella.
Coyne commented, "The Calder Team excelled at identifying qualified buyers and worked diligently to overcome obstacles, ensuring a smooth and successful transaction."
Achram shared, "It was a great experience working with Rick and the Calder team. Rick was a true partner throughout the process and deeply invested in achieving a successful outcome for everyone involved."
"Our team has earned a consistent track record of successfully closing construction M&A transactions across the Midwest," shared Max Friar, Founder and Managing Partner of Calder Capital. "We were proud to help Mike, Peter, and Steve position Cella for continued growth, as Mike retires, Peter offers continuity, and Steve brings new leadership."
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Calder served as the Exclusive Sell-Side Mergers and Acquisitions Advisor to Cella Building Company.
To learn more about Cella Building Company, visit www.CellaGR.com/.
About Calder Capital:
Founded in 2013, Calder Capital is a cross-industry mergers and acquisitions advisory firm with offices across the United States. Calder provides valuation, sell-side, and buy-side services. We are nationally recognized for excellence in advising $1-100M enterprise value transactions in manufacturing, construction, distribution, and business services. Calder serves business owners, entrepreneurs, family offices, financial buyers, and investors. Learn more at www.CalderGR.com.
Founded in 1996, Cella Building Company has built a strong reputation for high-performance design and construction within diverse, urban environments. Owners Mike Coyne and Peter Skornia engaged Calder's sell-side team to identify an acquirer aligned with the Company's commitment to sustainability, employee well-being, client satisfaction, and to offer Mike the ability to retire, while giving Peter the ability to remain a leader at the company.
Steve Achram, a licensed engineer with over 23 years of experience leading multidisciplinary teams across public and private sectors, brings deep operational and project management expertise to his new role.
Coyne commented, "It's been a privilege to contribute to the community through purpose-driven construction. I will remain a managing member of 730 Leonard Street Partners LLC and W&S Development Partners LLC, and I look forward to continuing those important projects."
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"I've always respected Cella's approach to sustainable design," stated Achram. "I was really impressed from day one with their talented team."
Rick Purcey of Calder served as the Lead Mergers & Acquisitions Advisor to Cella Building Company. Serving as Lead Analyst was Nick Browning of Calder.
The engagement lasted 11 months from start to finish. Over 109 CIMs were distributed to qualified buyers upon going to market. Within weeks of going to market, the sellers recognized that Achram stood out as the preferred successor of Cella.
Coyne commented, "The Calder Team excelled at identifying qualified buyers and worked diligently to overcome obstacles, ensuring a smooth and successful transaction."
Achram shared, "It was a great experience working with Rick and the Calder team. Rick was a true partner throughout the process and deeply invested in achieving a successful outcome for everyone involved."
"Our team has earned a consistent track record of successfully closing construction M&A transactions across the Midwest," shared Max Friar, Founder and Managing Partner of Calder Capital. "We were proud to help Mike, Peter, and Steve position Cella for continued growth, as Mike retires, Peter offers continuity, and Steve brings new leadership."
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Calder served as the Exclusive Sell-Side Mergers and Acquisitions Advisor to Cella Building Company.
To learn more about Cella Building Company, visit www.CellaGR.com/.
About Calder Capital:
Founded in 2013, Calder Capital is a cross-industry mergers and acquisitions advisory firm with offices across the United States. Calder provides valuation, sell-side, and buy-side services. We are nationally recognized for excellence in advising $1-100M enterprise value transactions in manufacturing, construction, distribution, and business services. Calder serves business owners, entrepreneurs, family offices, financial buyers, and investors. Learn more at www.CalderGR.com.
Source: Calder Capital
Filed Under: Construction
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