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Add-on acquisition Closed Dec 2017

Thomas Pipe president rolls equity into Winsupply co-ownership model

Relationship map

Relationship map for Thomas Pipe president rolls equity into Winsupply co-ownership modelbacksparent ofGenCap America: Pe FirmGAGenCap AmericaWinsupply Inc.: PlatformWIWinsupply Inc.Thomas Pipe & Supply: Operating CompanyTPThomas Pipe & Supply
Operating CompanyPe FirmPlatform

Parties

Acquirer
Winsupply Inc.
Platform
Target
Thomas Pipe & Supply
Operating Company
Sponsor
GenCap America
Pe Firm

Market signals

Summary

Thomas Pipe co-owner Don Helmlinger Jr., who co-owned the business with investment group GenCap America, will continue as president and invest equity alongside Winsupply, which takes majority equity under its co-ownership model.

Primary source