EBW Electronics of Holland, MI Acquired by ADAC Automotive of Grand Rapids, MI

GRAND RAPIDS, Mich. - April 8, 2025 - PRLog -- ADAC, a diversified solutions provider to the automotive, industrial, medical, marine and other industries reached out to Calder Capital's Buy-Side team in pursuit of a strategic acquisition opportunity. ADAC sought an acquisition that would support ADAC's innovation and end-market diversification goals.

Founded in 1992, EBW Electronics today has over 150 employees and is a global leader, specializing in electronic manufacturing solutions. Their products include performance sensors, switches, actuators, and lighting systems for a variety of sectors.

"With the incredible support and commitment from the Teets family ownership, we are excited to bring together two great family-owned companies with aligned cultures, work ethic, and innovative mindsets" commented Jon Husby, President and CEO of ADAC.

Cory Steeby, President of EBW Electronics (EBWE), stated "for 34 years, EBW has thrived under the LeBlanc family's commitment to our people, our customers, and doing things the right way."

Patrick Robey of Calder Capital served as the lead Mergers and Acquisitions Advisor to ADAC. Over the course of the engagement, Calder facilitated 36 introductions between ADAC and prospective acquisition targets before successfully guiding the parties through a signed letter of intent and closing.

"Calder Capital's support through the entire process was invaluable and helped make this West Michigan based opportunity a reality for ADAC and the long-term vision of the Teets family," said Husby. "Patrick's professionalism, responsiveness, and understanding of our strategic goals were evident from day one. The Calder team provided a steady stream of qualified opportunities and acted as trusted advisors throughout the entire process. We are grateful for their guidance in helping us secure a great cultural and technical fit in EBW Electronics."

"We felt respected and understood when working with Patrick Robey and the Calder Capital team," said Cory Steeby. "The sales process was smooth, and Calder Capital was both knowledgeable and professional. We are excited to be in this new partnership with ADAC."

"We're honored to have worked with ADAC's leadership to help them secure an acquisition that fits well with their growth vision," commented Max Friar, Founder and Managing Partner of Calder Capital.

Calder Capital, LLC, served as ADAC's Exclusive Buy-Side Mergers and Acquisitions Advisor.

About Calder Capital:
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. Our dedicated team of professionals combines extensive industry experience, technological innovation, negotiation savvy, and key relationships to exhibit exceptional execution. 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