Home » LLR Partners Buys Singer Equities, a Group of 5 Industrial Distributors
LLR Partners Buys Singer Equities, a Group of 5 Industrial Distributors
June 5, 2008
LLR Partners Inc. will buy Singer Equities, Inc., owner of five industrial rubber distributors.
The distributors are: Allied Rubber and Rigging, Hampton Rubber Company, National Hose and Accessory, PRC Industrial Supply and R/W Connection. Singer services a national customer base through its 11 branches located in Maryland, Maine, Pennsylvania, Virginia and Texas.
Singer was formed in 2005 after Allied Rubber and Rigging, Hampton Rubber Company and R/W Connection were spun out from the Indusco Group, a fabricator and supplier of wire rope and rigging equipment. Singer acquired PRC Industrial and National Hose and Accessory in 2006 and 2007.
Singer Equities sells hoses, belts, fittings, gasket materials and other specialty items.
LLR Partners, a private equity firm based in Philadelphia, PA, provides capital to middle market growth companies.