Press Release (ePRNews.com) - GRAND RAPIDS, Mich. - Oct 28, 2020 - Calder Capital is proud to announce that founder Max Friar has been selected as one of Grand Rapids Business Journal’s 2020 40 Under 40 Business Leaders. The GRBJ 40 Under 40 2020 award recognizes 40 individuals under the age of 40 who are making a significant impact in West Michigan. With upwards of 400 applicants, the award is a coveted recognition.
A Grand Rapids native, Friar has been working in Mergers and Acquisitions since 2005. Loving the fast-paced and ever-challenging world of business transactions, Friar started Calder Capital in 2013 and co-founded sister company Small Business Deal Advisors (SBDA) in 2017. Even amidst the pandemic, the firms have experienced a record-breaking year. The team recently closed its 30th deal, far exceeding its 2019 record of 23 deals.
Beyond 30 successful transactions, it’s been a big year for investment for the firm. Calder has added multiple advisors, hired an office coordinator, further formalized its intern program, expanded its presence in other states, and heavily invested in sales and marketing.
Friar has fostered a culture of learning and growth at Calder Capital, which is how he attributes the firm’s upward trajectory. “A lot of our staff come to Calder in their 20s, and they’re eager to learn. While they may have worked elsewhere, they don’t carry a lot of preconceived notions about how M&A should work. Many of our team members started as interns and are now running deals. This is the kind of industry in which your business classes will only get you so far, and then you’ve just got to learn by jumping in.” Friar concluded, “I have never believed that age should limit opportunity. M&A is challenging on all fronts and, oftentimes, it requires the energy of youth combined with the experience of seasoned veterans to push the transaction over the finish line.”
Now into its eighth year running, Calder Capital expects to continue trending upwards. Expect to see even more growth from the firm before it hits its one-decade milestone, which Friar is particularly optimistic about. The firm congratulates Max on his 40 Under 40 recognition.
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Calder Capital, LLC