Best Upon Request Corporate, Inc. of Mason, OH, Acquired by an Individual Entrepreneur
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MASON, Ohio - OhioPen -- Transaction Summary

Calder Capital, a nationwide mergers and acquisitions advisory firm, is proud to announce the successful acquisition of Best Upon Request Corporate, Inc. of Mason, Ohio, by individual entrepreneur Cory McCruden.

The Acquisition Story

Founded in 1989, Best Upon Request is a national concierge provider that helps organizations take better care of their staff by offering convenience and errand-running services for busy employees, healthcare workers, hospital guests, patients, and patient families. In 2022, Tillie Hidalgo Lima handed off the day-to-day operations to the senior management team allowing her to transition into her role as Executive Chair. As Tillie began preparing for retirement, she engaged Calder Capital's Sell-Side team to plan her exit, increase the valuation of her company, and identify a buyer aligned with the Company's values, culture, and long-term growth vision, while bringing additional resources to support its next phase.

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Calder Capital's Transaction Team and Sale Process

Brian Eick of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Best Upon Request. Supporting Brian in this transaction were Riley Hagen and Greg Weess of Calder Capital.

Calder's Sell-Side team generated strong market interest during the sale process with over 220 Confidential Information Memorandums (CIMs) distributed to qualified buyers, 18 indications of interest received, and four letters of intent reviewed. The company closed within 9 months of engaging Calder; moreover, the final purchase price aligned with the upper end of Calder's valuation of the company.

Tillie commented, "Calder Capital was a trusted partner throughout the process. From the beginning, they took the time to understand not just the business, but what mattered most to me — finding the right next leader and owner based on our values at BEST. Before going to market, I appreciated working with Jared Friar on the Calder Capital 50 Value Factors and his assistance in creating a buyer score card. I am grateful to Brian Eick for his strategic advice, patience, creativity and professionalism throughout the process. Brian guided us every step of the way, ultimately helping us find a buyer who aligned with our values and vision for the future."

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Cory remarked, "The Calder Capital team was organized, responsive and great to work with. They provided clear guidance throughout the process and helped ensure a smooth transaction."

Garrett Monroe, Calder's Sell-Side Managing Director, stated, "Calder brought Best Upon Request significant buyer interest, and we are proud to have helped our client reach a transaction that closed at the top end of our valuation range within nine months of launching the process."

Calder Capital served as the Exclusive Sell-Side Mergers and Acquisitions Advisor to Best Upon Request.

To learn more about Best Upon Request, please visit https://www.BestUponRequest.com/.

Contact
Brandon Sinclair
***@caldergr.com


Source: Calder Capital
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