Green Valley Manufacturing of Decatur, IL, acquires Benda Conveyor Systems of Tinley Park, IL
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TINLEY PARK, Ill. - illiNews -- Calder Capital announces the sale of Benda Conveyor Solutions ("Benda"), located in Tinley Park, Illinois, to Green Valley Manufacturing, based in Decatur, Illinois.

Benda was founded in February of 2022 upon the legacy of Benda Manufacturing; the organization has more than 40 years of conveyor system design and fabrication expertise. The Company provides product handling and automation solutions across industries such as food and beverage, pharmaceuticals, and contract packaging. After turning the company around, the Benda ownership group of Iroquois Industrial Group and Big Shoulders Capital engaged Calder to sell the company to a more hands-on ownership group, able to offer focused leadership and investment, and an ability to increase the company's sales efforts.

Green Valley Manufacturing, established in 1995, is an industry leader in die and mold handling equipment. Green Valley offers advanced manufacturing and engineering capabilities, serving a diverse range of industries including aerospace, automotive, construction, medical, defense, and more.

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Jared Friar of Calder served as the Mergers & Acquisitions Advisor to Benda. Serving as Analyst was Drew Woods of Calder.

The transaction drew significant interest from the market. Calder's sell-side process generated 126 Confidential Information Memorandums (CIMs) distributed to qualified buyers and resulted in 6 competitive offers. From Iroquois Industrial Group and Big Shoulders Capital's engagement with Calder Capital to the Letter of Intent was 41 days; the closing occured just 30 days after the signed Letter of Intent.

Miller commented, "The Calder Capital team provided tremendous support throughout this sale. Jared's professionalism and persistence were key factors in achieving a very timely and successful outcome for all parties."

Simmons shared, "Jared and Drew's professionalism and industry insight were critical in helping us close within 71 days. They were fair in representing their client and pleasant to work with."

Max Friar, Managing Partner of Calder, added, "When a business owner needs to sell their company promptly, Calder is up to the task. We are grateful that Big Shoulders Capital and Iroquois Industrial Group chose our team to lead their sale of Benda. In less than 3 months, we generated 6 competitive offers and sold the business for more than expected. That is the type of result that Calder's marketing powerhouse can generate for sellers."

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Calder served as the exclusive Sell-Side Mergers and Acquisitions Advisor to Iroquois Industrial Group and Big Shoulders Capital in the sale of Benda Conveyor Solutions.

Learn more about Benda Conveyor Solutions at: www.BendaInc.com

Learn more about Green Valley Manufacturing at: www.GreenValleyInc.com

Learn more about Iroquois Industrial Group at: www.IroquoisIndustrialGroup.com/.

Learn more about Big Shoulders Capital at: www.BigShouldersCap.com/.

About Calder Capital (https://www.linkedin.com/company/calder-capital):
Calder is a mergers and acquisitions advisory firm with offices across the United States, providing valuation, sell-side, and buy-side services.

Contact
Brandon Sinclair
***@caldergr.com


Source: Calder Capital

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