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Add-on acquisition Announced Oct 2020 Closed Oct 2020 Verified

Prior owner retains equity stake under Winsupply majority ownership

Relationship map

Relationship map for Prior owner retains equity stake under Winsupply majority ownershipparent ofWinsupply Inc.: PlatformWIWinsupply Inc.Avon Supply Co.: Operating CompanyASAvon Supply Co.
Operating CompanyPlatform

Parties
Acquirer
Winsupply Inc.
Platform
Target
Avon Supply Co.
Operating Company

Market signals

Summary

Avon Supply Co.'s prior owner Robert Berman remains as president and invests substantial equity to share ownership with Winsupply, which holds majority ownership.

Primary source