After purchasing Supply Source Enterprises, private equity firm H.I.G. appoints Steve Schultz to president and CEO of the platform company.
Genuine Parts Co. Sells S.P. Richards Co.
Company sells S.P. Richards’ core U.S. operations to an investor group and S.P. Richards’ Supply Source Enterprises business operations to an affiliate of H.I.G. Capital.
HARDI Distributors Report 10.2% Revenue Decline in May
The average annual sales growth for the 12 months through May 2020 is 0.4%.