TriMas (NASDAQ: TRS), a Bloomfield Hills, Michigan-based manufacturer of engineered and applied products has acquired Intertech Plastics, a provider of complex, precision injection molded components. Financial details were not disclosed. Intertech, which consists of two manufacturing facilities located in Denver, will become part of TriMas Packaging, effective immediately. Intertech previously operated as a private, family-owned […]
Category: M&A
February 2022 M&A Roundup: Sonepar-Nautic Deal Closes out Month
The sheer number of merger-and-acquisition announcements in the distribution industry dropped off slightly in February, but there were still more than a few deals that will likely have impacts across multiple sectors. Private equity firm Nautic Partners, LLC says it has reached a definitive agreement with the Sonepar Group to acquire Vallen Distribution, a company […]
American Equipment Acquires Kistler Crane & Hoist
Salt Lake City-based American Equipment Holdings has acquired Kistler Crane & Hoist, a Midwest provider of overhead crane systems and MRO field services. The agreement is the sixth acquisition completed by American Equipment since partnering with Rotunda Capital Partners in May 2021. Financial details were not disclosed. The acquisition is expected to expand American Equipment’s […]
Resideo Acquires Arrow Wire & Cable
Resideo Technologies, Inc. (NYSE: REZI) — a global provider of security solutions and commercial and residential security and audio-visual products — has acquired privately held Arrow Wire & Cable, based in Chino, California. Financial terms were not disclosed. The deal is the second datacom and security acquisition for Resideo’s ADI Global Distribution in the past […]
Gryphon Investors Acquires Benoist Brothers
Middle-market private equity firm Gryphon Investors has acquired Benoist Brothers Supply Co., a Midwest-based regional distributor of HVAC/R equipment, parts and supplies. Financial terms were not disclosed. Gryphon said it plans to operate the Company as an independent division of its Wittichen Supply Holding Company under the Benoist brand, alongside existing portfolio company Wittichen Supply […]
January 2022 M&A Roundup: One Billion-Dollar Deal Finalized as Another Takes Off
January was a relatively light month for mergers and acquisitions in the distribution industry, but two billion-dollar deals stood out among the month’s highlights. Owens & Minor Inc. — a product manufacturing, distribution support and innovative technology services company — agreed to acquire integrated home health care equipment provider Apria for $37.50 in cash per […]
December 2021 M&A Roundup: Genuine Parts’ Acquisition of Kaman Highlights Month
Genuine Parts Company became the talk of the distribution world in December when it entered into a definitive agreement to acquire Kaman Distribution Group under GPC’s wholly-owned subsidiary, Motion Industries, Inc. The acquisition from private investment firm Littlejohn & Co. has been valued at approximately $1.3 billion in cash, and the transaction is expected to […]
Graybar Exec on Strategy Behind New Leadership Roles, M&A Activity
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October M&A Roundup: Blockbuster Electrical Deal Highlights Busy Month
The electrical sector saw a major shakeup last month with Rexel’s $456 million of Mayer Electric, but that wasn’t the only deal to turn heads in October. During the period, more than a few Top Distributors made market-shifting moves, including Core & Main, Kaman Distribution, SRS Distribution, US LBM Holdings and Winsupply. Steady activity has […]
Winsupply Acquires HESCO Supply
Winsupply Inc., Dayton, Ohio, on Monday announced it has completed the acquisition of HESCO Supply, an Atlanta-based electrical and utility business located that serves North Georgia and the Southeast. Financial terms of the deal weren’t disclosed. “We are thrilled to welcome the team from HESCO Supply into the Winsupply Family of Companies,” said Monte Salsman, […]
Individual Foodservice & Brady Industries Acquire Two Distributors
BradyIFS — the company that composes recently merged janitorial supply, equipment and foodservice distributors Brady Industries, Las Vegas, and Individual Foodservice, Bell, California — on Friday announced the acquisition of Fishman Supply Co., Petaluma, California, and Armstrong Paper Group, Santa Rosa, California. Financial terms of the deals weren’t disclosed. Fishman and Armstrong are distributors of […]
Individual Foodservice & Brady Industries Acquire Two Distributors
BradyIFS — the company that composes recently merged janitorial supply, equipment and foodservice distributors Brady Industries, Las Vegas, and Individual Foodservice, Bell, California — on Friday announced the acquisition of Fishman Supply Co., Petaluma, California, and Armstrong Paper Group, Santa Rosa, California. Financial terms of the deals weren’t disclosed. Fishman and Armstrong are distributors of […]
Heritage Pool Supply Group Acquires Quality Pool Supply
Heritage Pool Supply Group, a McKinney, Texas-based platform company of landscape distributor Heritage Landscape Supply Group Inc. (itself a subsidiary of SRS Distribution), on Friday announced it has acquired Quality Pool Supply Co., a Clio, Michigan-based wholesale distributor of pool and spa products in the Midwest. Financial terms of the deal were not disclosed. Founded […]
September M&A Roundup: Another Big Month for Deals
The final month of the third quarter proved to be a favorable one for M&A in distribution with nearly 30 deals reported in MDM. September saw a range of transaction sizes from mom-and-pops trading hands up to Distribution International’s private equity backer Advent International selling the distributor to TopBuild Corp. for $1 billion. Other notable […]
Core & Main to Acquire CES Industrial Piping
Core & Main Inc. (NYSE: CNM), a St. Louis-based distributor of water, sewer and fire protection products, announced Wednesday that it has agreed to acquire CES Industrial Piping Supply, a Kansas City-based, full-service provider of HDPE (high-density polyethylene) products and services. Financial terms were not disclosed. “A full-service provider like CES Industrial Piping aligns with […]
Core & Main to Acquire CES Industrial Piping
Core & Main Inc. (NYSE: CNM), a St. Louis-based distributor of water, sewer and fire protection products, announced Wednesday that it has agreed to acquire CES Industrial Piping Supply, a Kansas City-based, full-service provider of HDPE (high-density polyethylene) products and services. Financial terms were not disclosed. “A full-service provider like CES Industrial Piping aligns with […]
Bunzl Acquires U.S.-Based Safety Distributor
Bunzl PLC on Tuesday announced it has acquired McCue Corp., a Boston-based safety business and a medical supplies distributor with operations in Australia and Singapore. Financial terms of the deal, which closed in “early September,” weren’t disclosed. The addition of McCue “provides Bunzl with a strong position in this fast-growing market segment,” the company said. […]
Builders FirstSource Acquires Apollo Software Assets
Builders FirstSource Inc. (Nasdaq: BLDR), Dallas, on Thursday announced it has acquired Apollo software assets from construction technology startup Katerra for $4.5 million. According to BLDR, the Apollo platform “provides design collaboration and workflow, construction budgeting and scheduling, and field task assignment with mobile functionality. The acquisition aligns with Builders FirstSource’s digital strategy to address […]
Envoy Solutions to Acquire Penn Jersey Paper
Envoy Solutions — the Glenview, Illinois-based holding company that owns and operates North American, WAXIE Sanitary Supply, SWPlus, Southeastern Paper Group and Daycon Products Co. — on Wednesday announced it has agreed to acquired Penn Jersey Paper Co., Philadelphia. Financial terms of the deal weren’t disclosed. PJP is a nearly 60- year-old company with a […]
Martin Inc. Acquires Capital Bolt & Screw
Martin Fastening Solutions, a subsidiary of Florence, Alabama-based Martin Inc., on Tuesday announced the acquisition of Capital Bolt & Screw (CB&S), Jackson, Mississippi. Financial terms of the deal weren’t disclosed. Founded in 1963, CB&S is a privately held distributor of fasteners. Jerry Gibson, president of CB&S, purchased the company in 1981 and has grown it […]
