B2B price optimization company Zilliant, Inc. has agreed to be acquired by Chicago-based private equity investment firm Madison Dearborn Partners, LLC. Financial terms were not disclosed. Zilliant, based in Austin, Texas, says it uses a data science-driven approach to “help customers address the most significant sources of margin and revenue leakage to effectively execute pricing […]
Category: mergers and acquisitions
Southwire Acquires Topaz Lighting
Carrollton, Georgia-based Southwire Company, LLC has acquired Medford, New York-based Topaz Lighting Corporation, a provider of quality electrical fittings, components, and lighting products. Southwire says it will welcome employees from Topaz and plans to integrate their distribution network to enhance Southwire’s distribution footprint. Topaz’s existing product line will also be combined with Southwire’s Components Solutions […]
Sysco Acquiring Coastal Companies
Foodservice distributor Sysco Corp. (NYSE: SYY) of Houston said it has an agreement to acquire The Coastal Companies, a fresh produce distributor and value-added processer, from Continental Grain Company. Financial details were not announced. The agreement is subject to regulatory approval and other customary closing conditions. Once the deal closes, the acquisition will operate as […]
PIP Acquires Bisley Workwear
Latham, New York-based personal protective equipment company Protective Industrial Products, Inc. has acquired Bisley Workwear, a provider of work and safety wear based near Sydney, Australia. PIP — a leader in hand protection and PPE for the industrial, construction, mining and retail markets — announced Friday it had signed an agreement to acquire DJG Corporation […]
SBP Holdings Acquires Watts
SBP Holdings acquired Watts Steam Store, a sales and repair provider for hydraulic products, and its subsidiaries. Financial terms were not announced. SBP Holdings provides “mission-critical” components, inspections, testing services, repairs and specialized rental activities in North America. Watts Steam Store, which opened in 2004 under owners Tracy and Stanley Watts, is expected to operate […]
White Cap Acquires Ram Tool
White Cap Supply Holdings, LLC of Atlanta announced this week it has finalized an agreement to acquire Birmingham, Alabama based Ram Tool Construction Supply Co., LLC. Financial terms were not disclosed. This now-combined business will be led by White Cap CEO John Stegeman and White Cap President Alan Sollenberger. Ram Tool President Page Naftel also […]
Southwire Acquires OBI
Carrollton, Georgia-based Southwire Company, LLC has acquired OBI Partners Inc., an Alpharetta, Georgia-based digital solutions provider focused on electric utilities. Financial terms were not announced. Southwire said the deal supports the company’s growth strategy and strengthens its commitment to remain “generationally sustainable.” “The marketplace is demanding intelligent solutions to their electrical distribution needs, and through […]
McNaughton-McKay Closes Caniff Acquisition
Madison Heights, Michigan-based electrical product distributor McNaughton-McKay Electric Company has finalized its acquisition of Caniff Electric Supply, an independent electrical distributor of construction products in southeast Michigan. McNaughton-McKay announced in August it had reached an agreement in principle to acquire Caniff. Financial terms were not disclosed. “We are excited to complete the acquisition of Caniff […]
AMETEK Acquires Alphasense
Berwyn, Pennsylvania-based manufacturer AMETEK acquired Alphasense, a provider of gas and particulate sensors for use in environmental, health, safety and air quality applications. Financial terms were not disclosed. “We are excited to welcome Alphasense to AMETEK,” said David A. Zapico, AMETEK chairman and CEO. “Alphasense is an excellent acquisition for AMETEK and a highly complementary […]
US LBM Acquires Pro. Builders Supply
US LBM, a building materials distributor based in Buffalo Grove, Illinois, acquired Professional Builders Supply, a “top supplier” of building materials to local, regional and national custom and production builders in North Carolina and South Carolina, US LBM announced. Professional Builders Supply operates 12 locations, where it sells, installs and distributes residential and commercial building […]
November M&A Roundup: Brady IFS, Graybar, US LBM Ink Multiple Deals
November 2021 was a busy month on the M&A front for multiple companies, including Brady IFS, Graybar and US LBM, all of which struck more than one deal during the month. The M&A activity continued an upward trend from October, as well as this year’s third quarter. (See MDM’s 3Q 2021 M&A report for a […]
Interfor to Acquire EACOM
Interfor Corporation — a British Columbia-based, growth-oriented forest products company with operations in Canada and the U.S. — has reached an agreement with an affiliate of Kelso & Company to acquire 100% of the equity interests of EACOM Timber Corporation. EACOM is based in Quebec. The purchase price was more than $383 million (C$490 million) […]
US LBM to Acquire Barrons
US LBM, a building materials distributor based in Buffalo Grove, Illinois, says it has reached an agreement to acquire Barrons, a provider of lumber and building materials to professional builders in the Washington, D.C. metro area. Financial terms were not disclosed. Barrons serves professional builders including remodelers, custom home builders and outdoor living builders with […]
Regal Rexnord Acquires Arrowhead
Beloit, Wisconsin-based Regal Rexnord (NYSE: RRX) acquired Oshkosh-based Arrowhead Systems, a producer of industrial process automation solutions, including conveyors, palletizers and depalletizers to the food and beverage, aluminum can and consumer staple industries. Regal Rexnord, a manufacturer of industrial powertrain solutions, power transmission components, electric motors and electronic controls, announced the acquisition Tuesday. Financial terms […]
MiddleGround Acquires Race Winning
Lexington, Kentucky-based MiddleGround Capital, a private equity firm that invests in middle market B2B industrial and specialty distribution companies, acquired Race Winning Brands. RWB is a designer, manufacturer and distributor of branded automotive aftermarket and powersports aftermarket products for enthusiasts and racing consumers. The company consists of a 12-brand portfolio of high-performance aftermarket product categories, […]
BlackHawk Acquires Tools for Industry
Tulsa, Oklahoma-based BlackHawk Industrial — a distributor of metalworking, industrial, MROP and packaging supplies — acquired Dayton, Ohio-based Tools for Industry and its affiliate, Service for Industry. Financial terms were not disclosed. The acquisition strengthens BlackHawk’s presence in southwestern Ohio, the company said. “Not only are we picking up a great team with a broad […]
NSI Acquires Duro Dyne
Huntersville, North Carolina-based provider of electrical product solutions NSI Industries, LLC acquired Duro Dyne Corp., a Bay Shore, New York-based sheet metal manufacturer for the heating, ventilating and air conditioning industry. Financial terms were not disclosed. NSI said the acquisition adds the HVAC market to the company’s distribution model with a company that already has […]
FleetPride Acquires Jim’s Truck & Trailer
Irving, Texas-based FleetPride Inc. acquired the assets of Jim’s Truck & Trailer Equipment, which provides heavy-duty parts and services to customers in north Texas and southwest Oklahoma. Financial details were not disclosed. Jim’s Truck & Trailer Equipment is based in Wichita Falls, Texas, and was founded in 1971. The company, owned by Jim Martin, offers […]
Bunzl Acquires 2 U.K. Companies
International distribution and services group Bunzl plc acquired two companies based in the U.K. Bunzl acquired Workwear Express, based in Durham, U.K., a leading business in personalized workwear and promotional clothing with a strong e-commerce focus. Workwear Express serves a “broad range of customers” and in the year to March 2021 generated £29 million of […]
Sentinel Capital Acquires Empire Auto
New York-based Sentinel Capital Partners, a private equity firm that invests in midmarket companies, acquired Empire Auto Parts, a Totowa, New Jersey-based specialty distributor of aftermarket collision parts. Financial terms of the deal were not disclosed. Empire operates five distribution hubs and 22 satellite delivery locations in 16 contiguous eastern U.S. states. The company has […]
