A local mergers and acquisitions advisory firm is opening a new office in the heart of downtown Grand Rapids.
Max Friar — managing partner of Calder Capital, which currently has its main office at 5088 Corporate Exchange Blvd. SE in Grand Rapids — said Tuesday his firm purchased a new 3,385-square-foot office space that was the former Mosaic events venue, at 25 S. Division Ave., Suite 225, in Grand Rapids’ Heartside district.
“We are excited about the future and believe this will be an excellent place for the firm to flourish,” Friar said.
Construction is underway, and the firm expects to move in by April.
Friar said the new space is perfect for his firm’s needs.
“Our team really embraced the open floor plan, the bones of an existing bar, which we are revamping, as well as the large and plentiful windows,” he said. “There is a ton of natural light that pours into the space, and we plan to preserve that with the use of lots of glass.”
The office — which will house 13 employees plus two to three interns — will have one huddle room, a conference room, a soft seating area, six private offices, a kitchen with cafe and bar seating, and a reception area.
Kalamazoo-based Kingscott Associates, which has a Grand Rapids office, and Belmont-based Team Restoration are the project’s architect and contractor, respectively.
Other contractors and suppliers include Belmont-based HighPoint Electrical; Grand Rapids-based Jacobsen Painting, Double O and Cameo Countertops; and Wyoming-based ProSource Flooring and S.A. Morman & Co.
Founded in 2013, Calder Capital is a mergers and acquisitions advisory firm specializing in lower middle market transactions in the Midwest across a number of industries.
In addition to its Grand Rapids presence, Calder operates a satellite office in Shelby Township.
Together with its sister firm, Small Business Deal Advisors, Calder closed 22 deals in 2019.