West Michigan Petroleum Equipment Company Acquired by D.H.T. Holdings, Inc

Calder Capital is thrilled to announce that Rohr Gasoline Equipment, Inc., of Byron Center, MI has been acquired by D.H.T. Holdings, Inc., of Reese, MI.
GRAND RAPIDS, Mich. - Dec. 20, 2021 - PRLog -- Established in 1940, Rohr Gasoline Equipment provides equipment installation and repairs for service stations in the greater Grand Rapids area, including tank installation, tank removal, testing, card readers for fuel tracking, and retail communication equipment. Mitch Veenstra became an owner in 1995 and assumed sole ownership of Rohr in 2004. After over 25 years in the business, he is looking forward to adventuring near his home in Colorado and enjoying more time with his kids and grandkids.

"Mitch set up Rohr in a prime position for his exit," remarked Garrett Monroe, lead Mergers and Acquisitions Advisor to Rohr. "He cultivated a solid, independent team with a hardworking, loyal, and positive culture. We could not have found a better fit for Rohr's continued success. Through this acquisition, Rohr employees will benefit from even more opportunities for personal and financial growth within D.H.T. Holdings."

D.H.T Holdings (https://dht-inc.com/) is an employee-owned transportation and logistics company, with a portfolio that extends into the landscaping, excavation, brokerage, and other industries. The acquisition of Rohr was a strategic one for D.H.T.

"Calder Capital did an excellent job presenting Rohr Gas Equipment to us,'' noted Josh Zimmerman, Vice President and Mergers & Acquisitions Lead at D.H.T.. "Rohr is a well-established company that possesses exactly what D.H.T. Holdings was looking for in a niche strategic acquisition. Working with Garrett was easy, and we were able to seamlessly complete the process from LOI to closing in less than three months."

Mitch Veenstra commented on the transaction, stating, "Calder Capital was instrumental in finding a solid fit for a buyer, and Garrett Monroe was good to work with. He was thorough, prompt, aggressive, and responsive in moving through the process. I felt strongly that he had my best interest in mind throughout the process. I would highly recommend Calder and Garrett to anyone interested in buying or selling a business."

The transaction makes 36 in 2021 for the Calder team thus far. "Garrett brought this deal to a picture-perfect closing," said Max Friar, Managing Partner of Calder Capital. "It's exciting to see such a good fit come together, and we're always pleased to assist in the continued success of West Michigan businesses. Congratulations to Mitch, Josh, Garrett, and the D.H.T and Rohr teams! Make sure you take some time amidst the holiday chaos to pop some bubbly and toast to such an excellent transaction for both buyer and seller."

Calder Capital, LLC (https://www.caldergr.com/) served as the exclusive Mergers and Acquisitions Advisor to Rohr Gasoline Equipment (http://www.rohrgasolineeuipmentmi.com/).

Max Friar
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