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Richfield Trailer Supply of Flint, MI, acquired by Morrill Enterprises of Grand Rapids, MI
eTradeWire News/10843702
FLINT, Mich. - eTradeWire -- lder Capital, a nationwide mergers and acquisitions advisory firm, is pleased to announce the successful acquisition of Richfield Trailer Supply of Flint, Michigan, by Brad Morrill of Morrill Enterprises, based in Grand Rapids, Michigan.
Brad Morrill is a purpose-driven executive leader based in Grand Rapids, Michigan, with a background in sales, marketing, and management. After thoughtful consideration about the best way to proceed with a full-time search to acquire a company, Brad engaged Calder's Buy-Side team to identify and acquire an established Michigan business.
Richfield Trailer Supply was founded in 1955. The company is a wholesale distributor and retail operation offering trailer and RV parts and accessories from locations in Flint, Grand Rapids, and Traverse City, Michigan.
Matt Baas of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Brad Morrill. Calder's transaction team included Hannah Nabhan, Buy-Side Director and Alex Flechsig, Buy-Side Senior Associate.
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Calder's Buy-Side team generated 66 off-market seller introductions, leading to 34 client pursuits, offers on five unique businesses, and resulting in the successful acquisition of Richfield Trailer.
Morrill commented, "I greatly appreciated the team approach that Calder takes with its buyside clients. Hannah, Alex, Matt, and the people in the background supporting them all had a role to play in my acquisition journey and ultimate success. Alex made the calls and scheduled the appointments. Matt advised on deal points and helped coordinate with the sellers and their team. Hannah initiated the marketing and managed the process overall. Calder has invested in the human and technological resources to make the process much easier on an individual searcher like me."
Max Friar, Founder and Managing Partner of Calder Capital, added, "We are thrilled to congratulate Brad Morrill, Richfield Trailer Supply, and the sellers on a successful transaction. Richfield is the kind of established, relationship-driven distribution business that has served Michigan customers for generations, and we believe Brad is well-positioned to support its next chapter. This transaction also reflects Calder's continued expertise in sourcing and closing high-quality buy-side opportunities in distribution, service, and family-owned businesses."
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Calder Capital served as the exclusive Buy-Side Mergers and Acquisitions Advisor to Brad Morrill of Morrill Enterprises in the acquisition of Richfield Trailer Supply.
To learn more about Richfield Trailer Supply, please visit www.RichfieldTrailer.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.
Brad Morrill is a purpose-driven executive leader based in Grand Rapids, Michigan, with a background in sales, marketing, and management. After thoughtful consideration about the best way to proceed with a full-time search to acquire a company, Brad engaged Calder's Buy-Side team to identify and acquire an established Michigan business.
Richfield Trailer Supply was founded in 1955. The company is a wholesale distributor and retail operation offering trailer and RV parts and accessories from locations in Flint, Grand Rapids, and Traverse City, Michigan.
Matt Baas of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Brad Morrill. Calder's transaction team included Hannah Nabhan, Buy-Side Director and Alex Flechsig, Buy-Side Senior Associate.
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Calder's Buy-Side team generated 66 off-market seller introductions, leading to 34 client pursuits, offers on five unique businesses, and resulting in the successful acquisition of Richfield Trailer.
Morrill commented, "I greatly appreciated the team approach that Calder takes with its buyside clients. Hannah, Alex, Matt, and the people in the background supporting them all had a role to play in my acquisition journey and ultimate success. Alex made the calls and scheduled the appointments. Matt advised on deal points and helped coordinate with the sellers and their team. Hannah initiated the marketing and managed the process overall. Calder has invested in the human and technological resources to make the process much easier on an individual searcher like me."
Max Friar, Founder and Managing Partner of Calder Capital, added, "We are thrilled to congratulate Brad Morrill, Richfield Trailer Supply, and the sellers on a successful transaction. Richfield is the kind of established, relationship-driven distribution business that has served Michigan customers for generations, and we believe Brad is well-positioned to support its next chapter. This transaction also reflects Calder's continued expertise in sourcing and closing high-quality buy-side opportunities in distribution, service, and family-owned businesses."
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Calder Capital served as the exclusive Buy-Side Mergers and Acquisitions Advisor to Brad Morrill of Morrill Enterprises in the acquisition of Richfield Trailer Supply.
To learn more about Richfield Trailer Supply, please visit www.RichfieldTrailer.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: Retail
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