Midwest Juice of Grand Rapids, MI, Acquired by Leonard's Syrups of Detroit, MI
eTravel Wire/10313992

DETROIT - eTravelWire -- Calder Capital is pleased to announce the successful acquisition of Midwest Juice, headquartered in Grand Rapids, MI, by Leonard's Syrups, based in Detroit, MI.

Founded in 1998, Midwest Juice has grown into a premier distributor of juice, soda, coffee, and thickened water across the Midwest from its two locations in Grand Rapids and Livonia. Seeking a transition into retirement, the Founder of Midwest Juice engaged Calder Capital's Sell-Side team

The buyer, Leonard's Syrups, is a Detroit-based beverage service provider that specializes in artisan soda and shelf stable fruit juices. Leonard's was represented in the acquisition by Lucas Iskra, Vice President of Business Development.

Leading the transaction on behalf of Calder Capital was Scott Nicholson, Mergers & Acquisitions Advisor.

After launching to market on September 4, the Calder Capital team distributed CIMs to 91 qualified buyers, resulting in 3 competitive offers. An LOI was accepted by February 19, and the transaction successfully closed on April 1, bringing the deal to completion in just under seven months. Calder's ability to identify and vet quality buyers ensured a strong fit and exceptional value for the seller.

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"Working with Calder Capita proved to be incredibly valuable," shared the Founder of Midwest Juice. "Scott brought a level of expertise that made a big difference throughout the entire process. He was responsive, honest, and hard-working."

Iskra stated, "Scott and the Calder team brought focus to the transaction. It was clear that they were committed to ensuring the long-term success of this partnership."

Max Friar, Founder and Managing Partner of Calder Capital, added, "This transaction is a great example of how a well-run, service-driven company can command a premium when operated and presented properly. Kudos to Scott for his expert execution and to the Founder of Midwest Juice for trusting us with their legacy."

Calder Capital served as the Exclusive Sell-Side Mergers and Acquisitions Advisor to Midwest Juice.

About Midwest Juice
Midwest Juice, founded in 1998, is a Michigan-based provider of fountain drink systems and beverage solutions specializing in juice, coffee, soda, and thickened water. To learn more, please visit www.midwestjuice.com.

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About Leonard's Syrups
Leonard's Syrups, headquartered in Detroit, MI, is a full-service beverage distribution and service company that provides soft drink and juice solutions to businesses across Michigan. To learn more, please visit www.leonardssyrups.com/.

About Calder Capital
Founded in 2013, Calder Capital is a lower middle market investment bank providing mergers and acquisitions advisory services to business owners, entrepreneurs, family offices, and investors across the United States. Calder's services include mergers and acquisitions advisory, private funds and capital markets advisory, and business valuations. To learn more, please visit http://caldergr.com.