Grand Rapids Trivia
Cold Call Objections
Calder Closings
M&A Basics
Calder Trivia
100

This US President was a Grand Rapids native.

Who is Gerald R. Ford? 
100

Proper response to "I'm not interested"

Continuing the conversation to get more information

Sample answer: "Can I ask why that is?"

100

A Calder deal team is made up of these individuals

What is an analyst and an advisor (also can say director in this list)?
100
The process of one company purchasing another company

What is an acquisition?

100

Calder's founder

Who is Max Friar?

200

Calder sits on top of this coffee shop.

What is Otono?

200

The owner says: "We're not looking to sell." This is what should you avoid doing.


What is arguing with them or immediately trying to convince them to sell?

200
This is a Calder Capital deal closed in the last 12 months

What is ___ (Google to confirm)

200

Working capital in a business is many times explained using this simile

What is gas in the car?

200

The target enterprise value range for Calder clients

What is $1-100 million EV?

300

If you were strolling around Eastown, and were in need of a hotdog, you would likely find yourself at this iconic restaurant.

What is Yesterdog?

300

The owner says "How much do you think my business is worth?"


This is what absolutely not to tell the owner over the phone.

What is giving an estimate of a valuation? 

300

Calder had this many closings in 2025 (within 3)

What is 58 closings?

300

The document typically signed by a buyer and seller that outlines the key terms of a proposed transaction before definitive agreements.

What is a Letter of Intent, or LOI?

300

Calder Capital was founded in this year

What happened in 2013?

400

This is the closest restaurant to the Grand Rapids Calder office.

What is Poke Poke?

400

This would be an appropriate response to: "This business has been in the family 60 years. Why should I sell?"

Organizer: Use discretion

Sample answer: Well ___, we've just been seeing a lot of interest in the wholesale industry, and just wanted to check in to see if it's something you've ever thought about. 

400

Calder was ranked one of America's Fastest Growing Companies by this NYC Business Publication in 2025.

What is the Inc 5000?

400

The process in which a buyer investigates a target company’s financial, legal, operational, and commercial information before completing an acquisition.

What is due diligence? 

400
Calder Capital's Grand Rapids address

What is 25 Division Ave. S, Grand Rapids, MI?

500

This how many Frank Lloyd Wright designed houses are located in Grand Rapids.

What is two?

500

The owner says: "Why would I hire a business broker? If I wanted to sell, I'd just call the competitor who's already interested."

These are two reasons Calder could still add value.


Sample answers: 

  • Create competition among multiple buyers
  • Reach buyers the owner wouldn't otherwise know
  • Help determine market value
  • Negotiate price and terms
  • Manage the transaction process
  • Maintain confidentiality
  • Qualify potential buyers
500

What Calder industry saw the most closes in H1 2026?

What is services?

500

Within $3M, this is the sale price a $2M EBITDA manufacturing company could expect to see, given that the multiple used is the current manufacturing average for a $2M EBITDA business. 

What is $10.4M (5.2x multiple- 2026 Pepperdine University Private Capital Markets Report)

500

The undergraduate school of our owner, and our Sell-Side managing director (two schools)

What is Alma College (Max Friar) and Grand Valley State University (Garrett Monroe)?