American Metals Supply Acquired by MacArthur Company
Minnesota-based building supply distributor MacArthur Company acquired wholesale HVAC distributor American Metals Supply.
Minnesota-based building supply distributor MacArthur Company acquired wholesale HVAC distributor American Metals Supply.
Hawdon helped develop many products, sales tools and packaging alternatives used across the electrical industry since the mid-1980s.
Crescent ranked No. 11 among electrical, data & security distributors on MDM's list of 2022 Top Distributors.
The acquisition is the first for the company since April 2020 and the first under CEO Dave Flitman’s leadership.
Global Industrial says the acquisition expands the industrial distributor’s one-to-one sales reach to new customers and markets.
Sean Weil will be responsible for overseeing the PIP global finance organization and managing all financial operations.
The fundraising round was led by OpenView, a venture capital firm known for its expertise in scaling high-growth technology companies.