ELKHART, Ind. - TelAve -- Calder is pleased to announce the sale of Stoutco, Inc. of Bristol, Indiana, to Quad Innovations LLC of Brentwood, Tennessee.

Founded in 1959, Stoutco specializes in the fabrication of metal parts for customers in the bus and cargo trailer industries, with additional capabilities supporting the RV OEM space. Business partners and sellers, Ron Mason and Brian Conwell, engaged Calder Capital's Sell-Side team to move into retirement.

Quad Innovations is comprised of seasoned industry executives collectively bringing together more than 70 years of experience in manufacturing, sales and operations, finance, real estate, M&A, and legal strategy.

"Our priority has always been to preserve Stoutco's legacy of quality and customer service while ensuring a smooth transition for our employees," reflected Mason.

"The team assembled by Ron & Brian make Stoutco the preferred choice for fabrication services. Truly excited about continuing what has been built over the past 50-years and growing with our trusted partners," stated Jason Welch, Co-Founder & Principal of Quad Innovations.

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Kregg Kiel of Calder served as the Lead Mergers & Acquisitions Advisor, and Andrew Williams served as Co-Lead Mergers & Acquisitions Advisor to Stoutco. Serving as Analyst was Nick Browning of Calder.

The Calder team attracted robust buyer interest, distributing 190 confidential information memorandums to qualified buyers, which resulted in 16 indications of interest and 3 letters of intent.

"Calder was prepared every step of the way and ran a process and attracted a strong pool of qualified buyers," noted Conwell. "Kregg was instrumental in keeping everything on track, and we are glad we chose Calder to represent us in the sale of our business."

"We enjoyed working with the Calder Team (Kregg & Andrew), they truly bring value-add to the table. Very responsive and professional; they made the overall experience a positive one throughout the entire process," shared Welch.

"Metal fabrication and transportation component manufacturing remain highly active sectors in the Midwest," remarked Max Friar, Founder of Calder. "This deal echoes both the ongoing demand for quality manufacturers and Calder's expertise in navigating competitive sell-side processes in this segment. Congratulations to Kregg, Ron, Brian, and Jason on this sale!"

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Calder served as the Exclusive Sell-Side Mergers & Acquisitions Advisor to Stoutco, Inc.

Learn more about Stoutco, Inc at: https://www.StoutcoInc.com.

Learn more about QUAD Innovations LLC at: https://www.QuadCapPartners.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.