BCU Electric of Ashland, OH Acquired by Meptagon Group

ASHLAND, Ohio - March 24, 2025 - PRLog -- Calder Capital is pleased to announce the successful sale of BCU Electric, based in Ashland, Ohio, to Meptagon Group.

BCU Electric, founded in 1990, specializes in electrical project design, installations, and maintenance services. Nearing retirement, BCU Electric's founder, Ben Uselton engaged Calder's Sell-Side Team to initiate a transition while ensuring BCU Electric remained in capable hands.

"Building BCU Electric from the ground up has been one of the most fulfilling experiences of my career," said Ben Uselton.

Meptagon Group, a global provider of industrial engineering, project management, and construction services, has been expanding its footprint in Europe and the United States.

"We are excited to welcome BCU Electric to the Meptagon Group family," said Liav Knaffo, Chief Financial Officer of Meptagon Group."

Calder Capital's Matt Baas and Sam Scharich served as the lead Mergers and Acquisitions Advisors and were aided by their Calder Capital colleague, Jakob Simonds.

Calder's Sell-Side Team attracted significant interest, resulting in 281 CIMs sent to qualified buyers and multiple competitive offers received before selecting Meptagon Group as the ideal buyer. Calder generated interest in the deal from prospective buyers from the United States, Israel, Canada, and Poland. During the transition, Meptagon Group intends to make internal promotions, allowing Brenda and Ben Uselton to retire while ensuring continuity in the company's leadership.

"Navigating an international acquisition comes with unique complexities, but Calder Capital gave us confidence every step of the way," said Meptagon Group's CFO, Liav Knaffo. "Their expertise in cross-border transactions, ability to anticipate challenges, and commitment to a seamless transition were instrumental in making this deal a success."

"Calder Capital did an outstanding job by presenting us with multiple high-quality buyers with strong offers," said Ben Uselton.

"This was an outstanding outcome for BCU Electric and the Useltons," commented Matt Baas. "We are proud to have facilitated this successful, international transition."

"We are honored to have represented BCU Electric and the Useltons in this sale," noted Max Friar, Managing Partner of Calder Capital. "This transaction exemplifies the value that Calder Capital brings to lower middle-market businesses - identifying highly qualified buyers worldwide and structuring deals that benefit all parties involved."

Calder Capital served as the exclusive sell-side Mergers & Acquisitions Advisor to Ben and Brenda Uselton in the sale of BCU Electric.

About Calder Capital

Founded in 2013, Calder Capital, LLC is a lower middle-market investment bank providing mergers and acquisitions advisory services to business owners, entrepreneurs, family offices, and investors across the United States. Our dedicated team of professionals combines extensive industry experience, technological innovation, negotiation savvy, and key relationships to exhibit exceptional execution. Calder's services include mergers and acquisitions advisory, private funds and capital markets advisory, and business valuations. To learn more, please visit http://caldergr.com.