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Vector Companies of Dubuque, IA, acquires Northend Gear & Machine of Fairfield, OH

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DUBUQUE, Iowa - TelAve -- Calder Capital announces the successful acquisition of Northend Gear & Machine of Fairfield, Ohio, by Vector Companies of Dubuque, Iowa.

Vector Companies serves as a global platform of gear, shaft, and custom component manufacturers. Vector's acquisition strategy was centered on diversification, increasing production capabilities, expanding their customer base, and exploring new markets. Steve Arthur, President and CEO of Vector, engaged Calder's buy-side team to identify a well-established company ready for new ownership, aligned with these strategic goals.

Founded in 1988, Northend Gear & Machine is a dominant precision machining and gear manufacturing company in its Midwest-based market. In 2021, Nix Industrial, a fifth-generation family business based in Poseyville, Indiana, acquired Northend, retaining all staff and maintaining its operations as an independent division.

Jim Oren of Calder served as the Mergers & Acquisitions Advisor to Vector Companies. Serving as Calder's Buy-Side Directors in the search were Parker Schaap and Hannah Nabhan.

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In this Buy-Side search process, Calder generated 42 proprietary buy-side leads, submitted 3 IOIs/LOIs, resulting in the acquisition of Northend Gear and Machine. From engagement start to close, the process spanned approximately 10 months, and the company closed within 3.5 months after the letter of intent execution.

"Calder's buy-side team was outstanding. Jim was committed throughout the process," shared Arthur. "Calder's ability to identify a strong match like Northend Gear and guide us to closing efficiently was very helpful. We look forward to working with Calder on future strategic initiatives."

"Working with Calder and Jim Oren was a great experience. Their team was professional, responsive, and instrumental in connecting us with a buyer that shared our values and strategic goals," added Baehl.

"We're proud to support growing industrial businesses like Vector Companies, who continue to strengthen the Midwest manufacturing ecosystem," added Sam Scharich, Buy-Side Managing Director at Calder. "Our buy-side advisory team has expertise in helping acquirers identify, evaluate, and integrate precision manufacturing businesses across the country. We also have the relationships and grit to see these projects through."

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Calder served as the Buy-Side Mergers and Acquisitions Advisor to Vector Companies in the acquisition of Northend Gear and Machine.

Learn more about Vector Companies at: www.VectorCompanies.com.

Learn more about Northend Gear and Machine at: www.NorthendGear.WPEnginePowered.com.

Learn more about Nix Industrial at: www.NixIndustrial.com.

About Calder Capital (https://www.linkedin.com/company/calder-capital):
Founded in 2013, Calder 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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