TechVZ owner and father partner to acquire Computer Rescue 911

395

A Coopersville business owner and his father partnered to buy a business and its facility in Kentwood.

David Vanderzwaag, owner of Coopersville-based TechVZ, a computer consulting company, recently acquired Kentwood-based Computer Rescue 911 from Kevin Damghani and Jonathan Highman, according to Grand Rapids-based Calder Capital, which represented the sellers in the transaction.

Don Vanderzwaag. Courtesy Calder Capital

Additionally, Vanderzwaag’s father, Don Vanderzwaag, purchased the company’s building at 3070 Broadmoor Ave. SE in Kentwood.

Terms of the deal were not disclosed.

Scott Nicholson served as lead mergers and acquisitions adviser to Computer Rescue 911 on behalf of Calder Capital.

“This was an interesting transaction to be part of,” Nicholson said. “Computer Rescue 911 is an excellent business with plenty of room to grow even further in the West Michigan area. It’s exciting to see how these two companies will continue to thrive under Vanderzwaag’s leadership.”

Father-son duo Moe Damghani and Kevin Damghani founded Computer Rescue 911 in 2007. Moe Damghani has since retired, and Highman joined the company as Kevin Damghani’s business partner in 2014.

Jonathan Highman, left, and Kevin Damghani. Courtesy Calder Capital

In 2019, Highman and Damghani split the company into two entities: ITPartners and Computer Rescue 911, with Computer Rescue 911 focusing on repairs and sales of Macs, personal computers and iPhones, and ITPartners providing information technology services. Computer Rescue 911 currently has five employees and serves over 6,000 individuals and businesses.

The partners engaged Calder Capital to find a buyer who would continue growing Computer Rescue 911 so they could focus on ITPartners, which has been recognized multiple times in the past few years on Inc. 5000 lists of the fast-growing private companies in West Michigan.

“Don and David were the perfect fit to take over Computer Rescue,” Kevin Damghani said. “The company coming full circle with another father-son partnership was a pleasant surprise. A big thanks to Scott and Calder for ensuring that we found the right fit.”

David Vanderzwaag said he was excited and impressed when he learned of Computer Rescue 911.

“Kevin and Jonathan created a sharp, one-stop shop with a great environment and work culture, and I can’t wait to continue what they started,” he said.

Max Friar, managing partner at Calder Capital, described the transaction as a “feel-good deal.”

“Two local sellers of a family-founded business transitioning to two local buyers to continue to grow and invest in the community is a picture-perfect outcome,” he said. “Congrats to Kevin, Jonathan, Don, David and Scott on a transaction well-executed.”

Facebook Comments