Dallas-based electrical wholesale distributor City Electric Supply Company has reached an agreement to acquire solar distributor Soligent and its solar distribution, engineering services and project financing business. Financial details of the agreement were not disclosed. The transaction is expected to close at the end of November, subject to regulatory and other approvals and conditions, according […]
Category: Mergers & Acquisitions
R&R Hardwood Sold
Boise-based hardwood flooring products distributor R&R Hardwood Distributors, Inc. has been sold to a private investor, according to Generational Equity, a mergers-and-acquisitions advisor for privately held businesses. The acquisition closed in September, but Generational Equity announced the sale Thursday. Financial details were not disclosed. The private investor who purchased R&R was not named. R&R’s product […]
Pool Corp. Acquiring Florida Company
Covington, Louisiana-based Pool Corp. (Nasdaq/GSM:POOL) this week signed an agreement to acquire Largo, Florida-based Porpoise Pool & Patio, Inc., including its main operating subsidiaries, Sun Wholesale Supply, Inc. and Pinch A Penny, Inc. The agreement’s financial details were not disclosed. Sun Wholesale Supply, Inc. distributes swimming pool and outdoor-living products, including a specialty chemical packaging […]
Core & Main Finalizes Catalone Acquisition
St. Louis-based Core & Main Inc. (NYSE: CNM) — a specialized distributor of water, wastewater, storm drainage and fire protection products — finalized its previously reported deal to acquire the assets of Catalone Pipe & Supply Co., a full-service provider of waterworks products and services, and custom concrete catch basins, based in Penfield, Pennsylvania. “The […]
Midland Acquires Century Brass
Kansas City, Missouri-based Midland Industries acquired Century Brass Products, a distributor of machined brass fittings and valves to the plumbing industry headquartered in Long Island, New York. Financial details of the deal were not disclosed. Midland is a portfolio company of Wynnchurch Capital, which in June acquired Washington-based residential door distributor Trimlite. “The acquisition of […]
L&W Supply Acquires G. Proulx
Chicago-based L&W Supply Corporation, a U.S. distributor of building materials and specialty products, acquired the assets of Ft. Lauderdale, Florida-based G. Proulx Building Materials. L&W Supply said the acquisition will “increase its team of experienced associates and strengthen its presence in the southeast Florida market.” L&W Supply now has 15 locations in Florida. Financial details […]
FleetPride Acquires Garden Spot
Irving, Texas-based FleetPride Inc., a distributor of truck and trailer parts and services, last week acquired the assets of Pennsylvania-based Garden Spot Frame & Alignment. Financial details were not disclosed. Garden Spot offers shop services to heavy-duty fleets and operators in southern Pennsylvania, including repairs for trucks and trailers, alignment and framework, roadside and on-site […]
4Q ‘Will Be Big’ for Distribution M&A Activity
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Heritage Acquires Irrigation Companies
Heritage Landscape Supply Group, Inc., a McKinney, Texas-based subsidiary of SRS Distribution, acquired two irrigation equipment and supply companies. Heritage announced Friday it had acquired North Florida Irrigation Equipment, a family-owned distributor of irrigation, lighting, water features/pumps and other outdoor living products based in Jacksonville. NFIE employs 30 people and operates locations in Jacksonville, St. […]
SBP Will Acquire Millwork
Duluth, Georgia-based Specialty Building Products has agreed to acquire Millwork Sales, a wholesale distributor of doors, door components, moulding and millwork products with locations in Orlando and Royal Palm Beach, Florida. SBP said the agreement represents the company’s efforts to “expand its door manufacturing and distribution capabilities and expand the company’s presence in Florida and […]
Graybar Acquires Metro
St. Louis-based electrical, communications and data networking distributor Graybar acquired Metro Electric Supply and Metro Lighting, a regional distributor that primarily serves homebuilders and contractors that specialize in residential, commercial and industrial projects. Financial details of the deal were not disclosed. Metro is also based in St. Louis. Metro is a regional distributor that serves […]
Graybar Acquires Steven Engineering
St. Louis-based electrical, communications and data networking distributor Graybar completed its acquisition of Steven Engineering, Inc., an automation, motion control and pneumatic solutions company based in South San Francisco. Financial terms of the deal were not disclosed. As a subsidiary of Graybar, the company will operate under the Steven Engineering name with the same leadership […]
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 […]
BradyIFS Acquires Millennium
Foodservice and janitorial and sanitation distributor BradyIFS acquired Millennium Packaging & Distribution, a San Antonio-based company offering disposables, dry goods, janitorial, cleaning and facility supplies. Financial terms of the acquisition were not disclosed. The deal expands BradyIFS’ sales presence and distribution footprint across Texas and the Midwest and provides Millennium’s customers with access to an […]
US LBM Acquires Arrowhead
Building materials distributor US LBM, of Buffalo Grove, Illinois, acquired Arrowhead Stairs & Trim, a producer and installer of millwork, hardware and exterior cedar products in the Dallas-Ft. Worth area. Financial details of the agreement were not disclosed. US LBM Holdings Inc. ranks No. 5 on MDM’s Top Distributors list for building materials and construction […]
Beacon Acquires Midway
Roofing material and building products distributor Beacon (Nasdaq: BECN) acquired Midway Sales & Distributing, Inc., a leading Midwest distributor of residential and commercial exterior building and roofing supplies. Midway serves customers at 10 locations across Kansas, Missouri and Nebraska. With annual sales of approximately $130 million, the acquisition “deepens Beacon’s already strong presence in the […]
Imperial Dade Acquires Nichols
Food service packaging and janitorial supply distributor Imperial Dade acquired Michigan-based Nichols Paper & Supply, the 43rd acquisition under Imperial Dade’s current leadership, the company announced. Financial terms of the agreement were not disclosed. Headquartered in Norton Shores, Michigan, Nichols is a distributor of janitorial supplies and industrial packaging run by Mike Olthoff, according to […]
Heritage Landscape Acquires Wirtz
Heritage Landscape Supply Group, Inc., a McKinney, Texas-based subsidiary of SRS Distribution, acquired Wirtz & Daughters Landscape Supply, a family-owned distributor of bulk materials, hardscapes, natural stone, landscape lighting and other landscape products. Financial details were not disclosed. SRS ranks No. 6 on MDM’s Top Distributors list for building materials and construction distributors, with $3.8 […]
US LBM Acquires BuilderUp
Building materials distributor US LBM, Buffalo Grove, Illinois, has acquired Mid-Atlantic company BuilderUp, a regional building products distributor and manufacturer. Financial details of the agreement were not disclosed. US LBM Holdings Inc. ranks No. 5 on MDM’s Top Distributors list for building materials and construction with $4.3 billion in 2020 revenue. BuilderUp currently operates three […]
Ingersoll Rand to Acquire Air Dimensions for $70.5M
Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, will acquire Deerfield Beach, Florida-based Air Dimensions Inc. for $70.5 million. The all-cash deal is expected to close Friday, Ingersoll Rand announced. Air Dimensions designs, manufactures and sells vacuum diaphragm pumps primarily for environmental applications in high-growth, sustainable end markets such […]
