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Individual Entrepreneur of Marblehead, MA, Acquires ARK Engineering & Technical Services, and AR
S For Story/10699178
BRAINTREE, Mass. - s4story -- Calder Capital, a nationwide M&A advisory firm, is enthralled to announce the successful acquisition of ARK Engineering & Technical Services, Inc. and ARK Field Services, LLC of Braintree, Massachusetts and Winter Haven, Florida, by Michael Sargent of Marblehead, Massachusetts.
Michael Sargent, Founder of HarborEdge Holdings, engaged Calder's Buy-Side team to identify, evaluate, and acquire a business he could lead through its next chapter of growth.
ARK Engineering & Technical Services was founded in 1991 by Robert "Bob" Allen, on his kitchen table, as an electrical engineering firm serving the energy industries. Mr. Allen founded ARK Field Services in 2010 as a company dedicated to installations and field services work.
Headquartered in Braintree, Massachusetts (ARK Engineering) and Winter Haven, Florida (ARK Field Services), these companies specialize in electrical interference analysis, AC mitigation design and installation, corrosion control, and cathodic protection services for clients in the energy, oil and gas, and infrastructure sectors.
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Shane Kissack of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Michael Sargent. Serving as Lead Director was Parker Schaap of Calder Capital, and Lead Associate was Francisco Pizzo.
Calder's Buy-Side team generated 14 off-market seller introductions, leading to eight client pursuits, and one offer on this unique business, resulting in the successful acquisition of ARK Engineering and Field Services.
"I enjoyed working with Shane and Francisco and their team through this sale process," Bob commented. "I will be referring them to people who are considering Buy-side representation. I recall the initial cold call I received from Francisco and the conversation I had with him about my company and the industries we serviced. He was excited about the opportunity to discuss my company with potential Buy-side clients and they found a match!"
Sam Scharich, Calder's Buy-Side Managing Director, remarked, "Michael is a tremendous fit to lead ARK Engineering & Technical Services and ARK Field Services, a specialized firm focused on corrosion mitigation, cathodic protection, and engineering services. We are excited to see Michael build on ARK's strong reputation and continue serving clients across the United States and Internationally."
More on S For Story
Calder Capital served as the Exclusive Buy-Side Mergers and Acquisitions Advisor to Michael Sargent.
To learn more about HarborEdge Holdings, please visit www.HarborEdge.com.
To learn more about ARK Engineering Technical Services and ARK Field Services, please visit www.ARKEngineering.com.
About Calder Capital (https://www.linkedin.com/company/calder-capital):
Founded in 2013, Calder Capital is a cross-industry mergers and acquisitions advisory firm with offices across the United States. Calder provides valuation, sell-side, and buy-side services. We are nationally recognized for excellence in advising $1-100M enterprise value transactions in manufacturing, construction, distribution, and business services. Calder serves business owners, entrepreneurs, family offices, financial buyers, and investors. Learn more at www.CalderGR.com.
Michael Sargent, Founder of HarborEdge Holdings, engaged Calder's Buy-Side team to identify, evaluate, and acquire a business he could lead through its next chapter of growth.
ARK Engineering & Technical Services was founded in 1991 by Robert "Bob" Allen, on his kitchen table, as an electrical engineering firm serving the energy industries. Mr. Allen founded ARK Field Services in 2010 as a company dedicated to installations and field services work.
Headquartered in Braintree, Massachusetts (ARK Engineering) and Winter Haven, Florida (ARK Field Services), these companies specialize in electrical interference analysis, AC mitigation design and installation, corrosion control, and cathodic protection services for clients in the energy, oil and gas, and infrastructure sectors.
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Shane Kissack of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Michael Sargent. Serving as Lead Director was Parker Schaap of Calder Capital, and Lead Associate was Francisco Pizzo.
Calder's Buy-Side team generated 14 off-market seller introductions, leading to eight client pursuits, and one offer on this unique business, resulting in the successful acquisition of ARK Engineering and Field Services.
"I enjoyed working with Shane and Francisco and their team through this sale process," Bob commented. "I will be referring them to people who are considering Buy-side representation. I recall the initial cold call I received from Francisco and the conversation I had with him about my company and the industries we serviced. He was excited about the opportunity to discuss my company with potential Buy-side clients and they found a match!"
Sam Scharich, Calder's Buy-Side Managing Director, remarked, "Michael is a tremendous fit to lead ARK Engineering & Technical Services and ARK Field Services, a specialized firm focused on corrosion mitigation, cathodic protection, and engineering services. We are excited to see Michael build on ARK's strong reputation and continue serving clients across the United States and Internationally."
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Calder Capital served as the Exclusive Buy-Side Mergers and Acquisitions Advisor to Michael Sargent.
To learn more about HarborEdge Holdings, please visit www.HarborEdge.com.
To learn more about ARK Engineering Technical Services and ARK Field Services, please visit www.ARKEngineering.com.
About Calder Capital (https://www.linkedin.com/company/calder-capital):
Founded in 2013, Calder Capital is a cross-industry mergers and acquisitions advisory firm with offices across the United States. Calder provides valuation, sell-side, and buy-side services. We are nationally recognized for excellence in advising $1-100M enterprise value transactions in manufacturing, construction, distribution, and business services. Calder serves business owners, entrepreneurs, family offices, financial buyers, and investors. Learn more at www.CalderGR.com.
Source: Calder Capital
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