Allegheny owners retain substantial minority ownership with Winsupply as majority owner

Under the Winsupply succession model, the third-generation Morse family owners plan to re-invest in substantial ownership while Winsupply becomes the majority owner, structuring the deal as a partial recapitalization preserving local ownership.

“Third generation owners Jim Morse, president of Allegheny Pipe & Supply, and his brother, Tom Morse, vice president, plan to re-invest in substantial ownership in the company with Winsupply Inc. as the majority owner.”

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