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Schockman Lumber of St. Henry, OH, acquires Hellmann Lumber of Walton, KY

TelAve News/10894070
WALTON, Ky. - TelAve -- Transaction Summary
Calder Capital, a nationwide Mergers and Acquisitions Advisory firm, is pleased to announce the successful acquisition of Hellmann Lumber of Walton, Kentucky by Schockman Lumber of St. Henry, Ohio.

The Acquisition Story
Schockman Lumber, a family-owned building materials supplier with locations throughout Ohio, Indiana, and Michigan. Seeking to expand through acquisitions and enter new geographic markets, Schockman's leadership engaged Calder Capital's Buy-Side team.

Schockman Lumber's engagement led to Calder Capital sourcing and facilitating the acquisition of Hellmann Lumber.

Hellmann Lumber is a nearly 150-year-old lumber, hardware, and home improvement supplier serving contractors, builders, and DIY customers throughout the northern Kentucky and the Cincinnati metropolitan area. Hellman is the third acquisition Schockman has made with Calder Capital.

Calder Capital's Transaction Team and Sale Process
Calder Capital served as the Buy-Side Mergers & Acquisitions Advisor to Schockman Lumber. Serving as lead Director was Hannah Nabhan and  lead Associate was Logan Theodorou of Calder Capital.

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Over the course of Schockman's engagement with Calder, the Calder Capital Buy-Side team generated 34 off-market seller introductions, leading to 19 client pursuits, four offers on unique businesses, and resulting in the successful acquisition of Requarth and then Hellmann Lumber. The process for Hellmann moved from LOI to close in approximately two months.

The Calder Capital team met Schockman Lumber from across the negotiating table; when Calder Capital served as the Sell-Side Advisor to Iverson's Lumber of Michigan and Schockman was the buyer. After forming a relationship, Schockman engaged Calder Capital's Buy-Side team to help with their continued acquisition journey.

Nabhan shared, "David and Doug worked very diligently to get this deal across the finish line. From the time of the first intro call to the close date, they maintained an impressive pace to close in about only 2 months."

Sam Scharich, Calder's Buy-Side Managing Director, remarked, "We are continuing to see consolidation occurring across the building materials sector, particularly among family-owned distributors. Hellmann Lumber's nearly 150-year legacy, strong community presence, and trusted contractor network made it a highly strategic fit for Schockman Lumber as they expand further into new markets."

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Calder Capital served as the Exclusive Buy-Side (https://www.caldergr.com/our-services/buy-side-m-a-advisory-firm/) Mergers and Acquisitions Advisor to Schockman Lumber.

To learn more about Schockman Lumber,, please visit www.SchockmanLumber.com.

To learn more about Hellmann Lumber, please visit www.HellmannLumber.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.

Contact
Brandon Sinclair
***@caldergr.com


Source: Calder Capital

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