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 […]
Category: Mergers & Acquisitions
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 […]
US LBM Acquires Texas-Based Oldham Lumber
Building materials distributor US LBM, Buffalo Grove, Illinois, on Friday announced it has acquired Oldham Lumber Co., a supplier that serves professional builders in North Texas, including the Dallas-Fort Worth Metroplex. Financial terms of the deal weren’t disclosed. Founded in 1921, Oldham Lumber provides lumber, plywood, engineered wood and framing materials to residential builders and […]
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 […]
Graybar Canada Acquires Electro-mag
Electrical, communications and data networking products distributor Graybar Canada, Halifax, Nova Scotia, announced Friday that it has completed its acquisition of Electro-mag Inc., including the JAD brand. Financial terms of the deal weren’t released. Headquartered in Sherbrooke, QC., with locations in Drummondville, Quebec, Montreal, and London (ON), Electro-mag provides services and solutions via pneumatic, safety, […]
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 […]
Olympic Steel Snags Shaw Stainless & Alloy
Cleveland-based Olympic Steel Inc. (Nasdaq: ZEUS), announced Friday that it has acquired the assets of Shaw Stainless & Alloy. Olympic Steel said the all-cash purchase was immediately accretive. Financial terms of the deal weren’t disclosed. Shaw, based in Powder Springs, Georgia, is a full-line distributor of stainless steel sheet, pipe, tube, bar and angles. Shaw […]
Olympic Steel Snags Shaw Stainless & Alloy
Cleveland-based Olympic Steel Inc. (Nasdaq: ZEUS), announced Friday that it has acquired the assets of Shaw Stainless & Alloy. Olympic Steel said the all-cash purchase was immediately accretive. Financial terms of the deal weren’t disclosed. Shaw, based in Powder Springs, Georgia, is a full-line distributor of stainless steel sheet, pipe, tube, bar and angles. Shaw […]
Imperial Dade Acquires Mailender
Imperial Dade, which is based in Jersey City, New Jersey and is a national distributor of disposable food service and janitorial supplies, announced on Friday that it has acquired Cincninnati-based Mailender. Financial terms of the private transaction weren’t available. Mailender is a distributor of janitorial supplies and janitorial packaging that’s led by Ken Mailender and […]
Summit Hydraulics Locks Up PE Investment from North Branch Capital
Private equity firm North Branch Capital has made an investment in Phoenix-based Summit Hydraulics. The companies didn’t disclose the amount of the investment. Summit is a designer and distributor of aftermarket hydraulic kits and components for the agricultural and construction end markets, among other vertcals. “North Branch’s growth-oriented mindset and track record of scaling industrial […]
Pearlman Group Acquires Excel Cleaning and Restoration Supplies
Pearlman Group Acquires Excel Cleaning and Restoration Supplies Norcross, Georgia-based Pearlman Group announced Tuesday that it has acquired Excel Cleaning and Restoration Supplies. Terms of the transaction weren’t disclosed. Founded in 1988 and headquartered in Fort Myers, Florid, Excel is a distributor of professional cleaning, restoration, pressure washing, and janitorial equipment and supplies in the […]
Specialty Building Products to Acquire Reeb Millwork Corporation
Specialty Building Products (SBP) — the Duluth, Georgia-based parent of U.S. Lumber and other businesses — on Monday announced it has inked a definitive agreement to acquire Reeb Millwork Corporation. Financial terms of the acquisition weren’t disclosed. Bethlehem, Pennsylvania-based Reeb is a fabricator and supplier of interior and exterior doors. SBP said the deal to […]
RelaDyne Acquires PPC Lubricants
Cincinnati-based RelaDyne, which offers lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, announced the acquisition of PPC Lubricants, a lubricant distributor in the Mid-Atlantic region. Financial terms of the deal weren’t available. PPC Lubricants, founded in 1977, is headquartered in in Jonestown, Pennsylvania. With more than 800 products, PPC serves customers in eight […]
LINC Systems Buys Air-O Fasteners
Private equity firm Center Rock Capital Partners LP announced that LINC Systems, its industrial fastener and packaging distribution platform, has acquired Salt Lake City-based Air-O Fasteners. Financial terms of the deal weren’t disclosed. Family owned and operated since 1978, Air-O Fasteners is a distributor of fastening equipment and consumable products serving the construction and general […]
DXP Enterprises Completes Acquisition of Premier Water
MRO and industrial distributor DXP Enterprises Inc. (NASDAQ: DXPE), Houston, announced the completion of its acquisition of Premier Water, which is a distributor and provider of products and services that serves the water and wastewater treatment markets in North Carolina and South Carolina. Financial terms of the deal weren’t disclosed. Founded in 2005, Premier is headquartered […]
MiddleGround Capital Acquires Arrow Tru-Line
Lexington-based MiddleGround Capital, which is private equity firm that invests in North American middle market B2B industrial and specialty distribution companies, announced Tuesday that it has acquired Arrow Tru-Line, Inc. Financial terms of the acquisition weren’t disclosed. MiddleGround Capital has been looking to invest in the building products sector for some time Arrow Tru-Line, which […]
Olympic Steel Sells-Off Detroit Assets and Operations for $58.4M
Cleveland-based Olympic Steel Inc. (Nasdaq: ZEUS) recently announced the sale of substantially all of the company’s Detroit assets and operations to Venture Steel Inc. The sale price, which exceeded the book value of the net assets sold, was $58.4 million in cash, subject to a future working capital adjustment, which is expected to increase the […]
Olympic Steel Sells Off Detroit Assets and Operations for $58.4M
Cleveland-based Olympic Steel Inc. (Nasdaq: ZEUS) recently announced the sale of substantially all of the company’s Detroit assets and operations to Venture Steel Inc. The sale price, which exceeded the book value of the net assets sold, was $58.4 million in cash, subject to a future working capital adjustment, which is expected to increase the […]
JIS Distribution Buys Erie Tool & Supply Co.
Cleveland-based JIS Distribution LLC. announced it has acquired the principal assets of Erie Tool & Supply Co. Erie Tool & Supply Co., which is headquartered in Toledo, Ohio. Erie Tool & Supply has served northwest Ohio and southeastern Michigan industrial customers for over 85 years. Financial terms of the deal weren’t available. Erie Tool & […]
JIS Distribution Buys Erie Tool & Supply Co.
Cleveland-based JIS Distribution LLC. announced it has acquired the principal assets of Erie Tool & Supply Co. Erie Tool & Supply Co., which is headquartered in Toledo, Ohio. Erie Tool & Supply has served northwest Ohio and southeastern Michigan industrial customers for over 85 years. Financial terms of the deal weren’t available. Erie Tool & […]
