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BUFFALO GROVE, Ill. - illiNews -- Calder Capital, a nationwide mergers and acquisitions advisory firm, is proud to announce the successful acquisition of Chicago Show, Inc. by individual entrepreneur Mike Hofmann of Grand Rapids, Michigan.
Founded in 1902, Chicago Show is a specialized display merchandising partner serving customers in the food, automotive, and retail industries. Family-owned for four generations by the Snediker family, the company helpd brands bring products to market through concepting, design, engineering, and production management.
As Jim Snediker prepared for retirement, he engaged Calder's Sell-Side team to identify a buyer who could build upon Chicago Show's legacy.
Chicago Show's engagement led to Calder Capital marketing and advising the sale of the business to Mike Hofmann.
Mike Hofmann is an operations and manufacturing leader with more than a decade of experience running businesses across Michigan.
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Jake McDonald of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Chicago Show. Serving as the Lead Analyst was Drew Woods.
Calder's Sell-Side team generated strong market interest during the sale process, with 295 Confidential Information Memorandums (CIMs) distributed to qualified buyers, 18 indications of interest received, and a few letters of intent reviewed. Chicago Show closed within 9 months after going to market with Calder.
Snediker commented, "I can't express how much Garrett, Drew, Nate, Clayton and especially Jake made the transaction as stress free as possible for me. This was an emotional decision for my family and me, but the Calder Team really made the whole transaction a lot less stressful for me than I anticipated."
Hofmann said, "Jake and the Calder team ran a tight process. He was always available and kept things moving. I appreciated working with a team that was straight with me throughout, and Jim clearly chose the right partner to find a buyer who would take care of what he built."
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Max Friar, Calder's Managing Partner, added, "Jim built a remarkable fourth-generation family business, and it was an honor to help transition that legacy to capable new owners. I'm proud of Jake, Drew, and our Sell-Side team for finding a buyer who values the Company's history and future potential."
Calder Capital served as the Exclusive Sell-Side Mergers and Acquisitions Advisor to Chicago Show.
To learn more about Chicago Show, please visit www.ChicagoShow.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 1902, Chicago Show is a specialized display merchandising partner serving customers in the food, automotive, and retail industries. Family-owned for four generations by the Snediker family, the company helpd brands bring products to market through concepting, design, engineering, and production management.
As Jim Snediker prepared for retirement, he engaged Calder's Sell-Side team to identify a buyer who could build upon Chicago Show's legacy.
Chicago Show's engagement led to Calder Capital marketing and advising the sale of the business to Mike Hofmann.
Mike Hofmann is an operations and manufacturing leader with more than a decade of experience running businesses across Michigan.
More on illi News
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Jake McDonald of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Chicago Show. Serving as the Lead Analyst was Drew Woods.
Calder's Sell-Side team generated strong market interest during the sale process, with 295 Confidential Information Memorandums (CIMs) distributed to qualified buyers, 18 indications of interest received, and a few letters of intent reviewed. Chicago Show closed within 9 months after going to market with Calder.
Snediker commented, "I can't express how much Garrett, Drew, Nate, Clayton and especially Jake made the transaction as stress free as possible for me. This was an emotional decision for my family and me, but the Calder Team really made the whole transaction a lot less stressful for me than I anticipated."
Hofmann said, "Jake and the Calder team ran a tight process. He was always available and kept things moving. I appreciated working with a team that was straight with me throughout, and Jim clearly chose the right partner to find a buyer who would take care of what he built."
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Max Friar, Calder's Managing Partner, added, "Jim built a remarkable fourth-generation family business, and it was an honor to help transition that legacy to capable new owners. I'm proud of Jake, Drew, and our Sell-Side team for finding a buyer who values the Company's history and future potential."
Calder Capital served as the Exclusive Sell-Side Mergers and Acquisitions Advisor to Chicago Show.
To learn more about Chicago Show, please visit www.ChicagoShow.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
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