Sale of Saber Tool Company, Inc.- Cadillac, MI.

  

3/6/2020


Cadillac, MI.- 3/6/2020- Kenneth Bollman, CEO of Saber Tool Company, Inc., announced the sale of his company to Mr. Andy Ross and his wife Jessica Ross of Lake City, Michigan, formally of Davisburg, MI. Andy Ross has an extensive background in the tooling industry. Mr. Ross prior to his purchase of Saber Tool Company, was the plant operations manager for ACE Controls, Inc. in Farmington Hills, MI., and worked for Chrysler. Mr. Ross is a graduate of Lake Superior State University, and University of Arkansas. Mr. Ross is from Ellsworth, MI. 


Saber Tool Company is a precision manufacturing facility located in Cadillac, Michigan. The company uses state of the art, precision equipment that enables the company to hold close tolerances required to design and build gages, die details and fixtures for a wide variety of industries. ISO certified since 2003; Saber Tool is dedicated to making quality, on-time, and competitively priced products essential to our customers, ensuring their satisfaction and the future viability of the company.


Saber Tool Company was established in 1996. The current facility comprises of 12,000 Square feet of manufacturing floor space. The company is ISO-9001:2000 Certified. The company employs over 20 skilled employees and benefits from a large diversified customer base. Saber Tool Company strives to provide the highest quality, most cost-effective designs to the Tool and Die industry.


The Advisors for the Seller were the Grand Rapids, MI. Based Equity Ltd.’s Director Rob Anderson serving as Merger and Acquisition Advisor and Mike Figliomeni, of the law firm of McCurdy, Wotila & Porteous, Professional Corporation, serving as legal counsel, and Tom Schepers CPA, of SHPC CPA’s And the advisors for the buyer, were Ryan Onosko of the Milwaukee, WI-based law firm of O’Neil, Cannon, Hollman, DeJong, & Laing, S.C. and Matt Dolsky, VP SBA Lender of Byline Bank.  The terms  of the transaction were not disclosed.


Both Ken Bollman, CEO of Saber Tool Company, Inc., and his M&A Advisor's Rob Anderson and his team at Equity Ltd., have worked for six years to find the right buyer for Saber Tool Company. They have turned down offers looking for the right fit who they felt as a team would carry on the tradition of quality and excellence of Saber into the future, as well as take care of the dedicated, loyal Saber employees and their families. “We feel we accomplished the goals set forth by our client Ken Bollman when we found Andy and Jessica Ross. We are excited about their future, and we all wish Andy and Jessica Ross, the best and brightest future!”- Said Rob Anderson- Director Equity Ltd.


For more information, press only:

Rob Anderson- Equity Ltd.

616.855.7677

rob@equity-ltd.com

Website: www.equity-ltd.com



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Sale of Windy City Grille, LLC in Wyoming, MI.

  

3/2/2020- 

  

Wyoming, MI.- 3/1/2020-  Will Karadchy of Windy City Grill, LLC announces the sale of the company to  Danny Eckert, of Eckert’s
 

Windy City Grill, LLC is a well-established profitable Chicago Style Restaurant is located on Byron Center Ave, just across from the University of Michigan- Metro Health Hospital. This is a high traffic count area, and the Windy City Grill is in an upscale strip mall, near several offices, retail, and medical facilities in the Grand Rapids-Wyoming Metro Area. Will Karadchy began this business with a goal in mind to serve the best Chicago style “fresh” food in 2009. Will Karadchy has achieved his goal, as the Windy City Grill, has grown into the magnificent operation it is today! The Windy City Grill is well known in the area for its menu, serving everything from Chicago Style Sandwiches, Melts, Grille, Pita’s, Gyro’s, etc. Windy City is known for its great food, great atmosphere, and excellent service! It is truly a great place to eat!


Both Will Karadchy, of Windy City Grille, and M&A Advisor’s, Rob Anderson and Doug Fournier of Equity Ltd. have worked hard to find the right buyer to carry on the tradition of great food that Will has created, and we all believe Danny and his Chef Jeremiah, will accomplish our goals. 


“We would like to thank all our wonderful customers for a great 11 years. Without you, there many. We will miss you all. The new owners Danny and Jeremiah, are great guys and will take good care of the place. From my family to yours, it’s been a wonderful journey is no Windy City Grille. We have met such amazing people and became friends with.” Said Will Karadchy.


The Advisors for the Seller were the Grand Rapids, MI. Based Equity Ltd.’s Director Rob Anderson and Doug Fournier were serving as Merger and Acquisition Advisor and John Kempski, of the law firm of John Kempski, Professional Corporation, serving as legal counsel. The transaction was referred to Equity from Drew Nelson of Bradley Company’s Grand Rapids, MI. Office.  The terms of the transaction were not disclosed.


For more  information, press only:


Rob Anderson- Equity Ltd.

616.855.7677/616.822.9900

rob@equity-ltd.com

Website: www.equity-ltd.com




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Sale of Lakeview Alley Cat Bar and Grill, LLC

  

3/5/2020


Lakeview Alley Cat Bar and Grill, LLC


Lakeview, MI.- 3/1/2020- Tom and Ann Smith of the Lakeview  Alley Cat Bar and Grill, LLC (and Bowling Alley) announces the sale of the  company to Lyle Jaworski, of LJ’s Lakeview Alley Cat Bar and Grill, Inc. of Dundee,  MI. 


Tom and Ann Smith purchased the Lakeview Alley Cat Bar and Grill, in 2017. Tom and Ann own the Turk Lake Bar and Grill, on Turk Lake in Greenville, MI. 


The Lakeview Alley Cat Bar and Grille, in Lakeview, MI. is a well-established profitable restaurant, bar, grill, and bowling alley. The facility is state of the art and in exceptional condition. The restaurant has been completely updated, the kitchen is new and updated, and the bowling alley is one of a kind, as is not typically seen in a rural setting. The restaurant is known for its high quality of food and spirits.

Tom and Ann Smith, through their M&A Advisors, Rob Anderson and Doug Fournier of Equity Ltd., have worked diligently to procure the right fit of a buyer who will be the right “fit” for the community of Lakeview, MI. Once we discovered Lyle Jaworski and his family from Dundee, MI., we knew we had the right fit.  


“We plan to be an active part of the Lakeview community and grow LJ’s Lakeview Bar and Grille into a destination point know for great food, quality service, and a great entertainment venue.” Said Lyle J.


The Advisors for the Seller were the Grand Rapids, MI. Based Equity Ltd.’s Director, Rob Anderson and Doug Fournier were serving as Merger and Acquisition Advisor. The Buyer representation was Dennis Cowan of the law firm of Plunket Cooney, LLP, in Bloomfield Hills, MI. 


Rob Anderson- Equity Ltd.-Hospitality & Restaurant Division

616.855.7677/616.822.9900

rob@equity-ltd.com

Website: www.equity-ltd.com



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