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Exit and Growth Strategies for Middle Market Businesses

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M&A Quarterly News In The Wholesale Distribution Industry Sector

By Jeremiah Hughes | Aug 05, 2019

The report below gives a good overview of the third quarter M&A activity in the Wholesale Distribution Industry Sector. M&A activity for North American based target companies in the Wholesale Distribution sector for Q2 2019 included 149 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions was announced in May when Tailwind Management LP acquired Ring & Pinion Service, Inc., also doing business as RANDY’S Worldwide Automotive, Inc. and a portfolio company of PNC Erieview Capital, Linsalata Capital Partners, Inc. and the private equity arm of Barings LLC. The deal was reportedly valued at US$187 million. The deal reinforces RANDY’s growth and expansion strategy. Ring & Pinion Service is located in Everett, Washington and distributes automotive parts.

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M&A Quarterly News In The Wholesale Distribution Industry Sector

By Jeremiah Hughes | May 03, 2019

The report below gives a good overview of the second quarter M&A activity in the Wholesale Distribution Industry Sector. M&A activity for North American based target companies in the Wholesale and Distribution sector for Q1 2019 included 141 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions closed in March when Square Chain Corp acquired a 55% majority stake in Caravel Group, LLC from M Line Holdings, Inc. for an undisclosed amount in stock. The stock being issued to M Line Holdings for these companies gives M Line a controlling interest in Square Chain Corp. Caravel Group is located in Fremont, California brands and distributes beverages.

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M&A News In The Wholesale Distribution Industry Sector

By Jeremiah Hughes | Jan 28, 2019

The report below gives a good overview of the first quarter M&A activity in the Wholesale Distribution Industry Sector. M&A activity for North American based target companies in the Wholesale Distribution sector for Q4 2018 included 129 closed deals, according to data published by industry data tracker FactSet. One of the notable middle market transactions was announced in October when The Andersons, Inc. acquired the remaining 67.5% majority stake not already owned in Lansing Trade Group, LLC for US$305 million in cash,.. Read more »


M&A News In The Wholesale Distribution Industry Sector

By Jeremiah Hughes | Oct 23, 2018

The report below gives a good overview of the fourth quarter M&A activity in the Wholesale Distribution Industry Sector. M&A activity for North American based target companies in the Wholesale and Distribution sector for Q2 2018 included 112 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions closed in September when DCC Technology Ltd, a subsidiary of DCC Plc, acquired JAM Industries Ltd for CAD220.5 million (US$170 million). The acquisition expands DCC Technology’s service offering and business presence in Canada. JAM Industries is located in Baie-D’Urfé, Québec, Canada and distributes musical instruments and accessories. It had revenue of approximately CAD418.8 million (US$323 million) and has 570 employees in April 30, 2018.

Despite the current administration’s renegotiation of NAFTA, exports and imports between the United States and Canada have climbed relatively steadily over the past three decades.

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M&A News In The Wholesale Distribution Industry Sector

By Jeremiah Hughes | Jul 20, 2018

The report below gives a good overview of the third Quarter M&A activity in the Wholesale Distribution Industry Sector. M&A activity for North American based target companies in the Wholesale and Distribution sector for Q2 2018 included 122 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions was announced in June when Ryerson Holding Corp. acquired Central Steel & Wire Co for US$163.8 million in cash. The consideration for each Central Steel & Wire Co share is composed of US$616.32 in cash, plus US$50 in special dividends. Funding for the transaction was through Ryerson’s internal resources. Central Steel & Wire Co is located in Chicago and distributes ferrous and nonferrous metal products.

Distribution of electronic products rose sharply in the second quarter spurred by general growth in the economy and high consumer confidence.

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M&A News In The Wholesale Distribution Industry Sector

By Jeremiah Hughes | Jun 06, 2018

The report below gives a good overview of the second Quarter M&A activity in the Wholesale Distribution Industry Sector. M&A activity for North American based target companies in the Wholesale and Distribution sector for Q1 2018 included 94 closed deals, according to data published by industry data tracker FactSet. One of the notable transactions of the quarter was announced in March when Patricia Industries AB, a subsidiary of Investor AB, acquired Sarnova, Inc., a portfolio company of Water Street Healthcare Partners LLC and Talisman Capital Management Inc, for US$903 million in cash. The transaction enhances Patricia Industries AB’s investment portfolio in medical services sector. Sarnova, distributes healthcare products to emergency care providers, hospitals, schools and universities, businesses and government sectors.

The B2B distribution of products has continually increased its online presence over the last few years.

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