Consolidation trend Oct 2019 · USA
Winsupply shifts from opportunistic to deliberate roll-up strategy
Winsupply historically made opportunistic acquisitions (Noland Company, Carr Supply, Security Plumbing and Heating Supply) but is now becoming more deliberate in seeking partners to meet growth goals.
““Historically Winsupply has taken an opportunistic approach to acquisitions,” said Rick Schwartz, chairman of the board, “resulting in the successful purchase and integration of companies like Noland Company, Carr Supply, and Security Plumbing and Heating Supply, along with smaller distributors that make important contributions to Winsupply’s overall growth.””
Entities
Carr Supply · Target Noland Company · Target Security Plumbing and Heating Supply · Target Winsupply Inc. · Acquirer
HVACPlumbing
Source: www.achrnews.com
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