Investcorp-backed Shearer Supply pursuing buy-and-build distributor roll-up

Shearer notes the CCP deal is its first acquisition since partnering with Investcorp and its second in 18 months (after the 2022 Partners Supply deal), with a stated strategy of acquiring complementary distributors in attractive geographies—a PE-sponsored distribution roll-up.

“This is Shearer Supply's first acquisition since partnering with Investcorp, a global alternative investment manager, last year.”

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