Set to complete by mid-year, it represents a new product vertical for building materials-oriented SRS, netting it 42 locations across the Southeast U.S.
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The updates are designed to help Pros more efficiently manage projects by improving how they build material lists, place orders and coordinate deliveries. It further blurs the line between retail and distribution for a customer base heavily focused on contractors.
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It was another monthly sales gain, though far less robust than in December.
LKCM Headwater Investments currently owns about 79% of DSG’s stock.
Breaking ground March 24, it will replace the company’s current Atlanta-based “AHUB” and could eventually be nealry four times the size.
Presented by MDM and recognizing a collection of women pivotal to their company's growth, innovation and leadership, see our class of 20 honorees, to be followed by a series of profile articles.
Go-forward branding of the combined company hasn’t been disclosed, but it now stands as a JanSan, foodservice and industrial packaging products distribution giant with over $10 billion in annual revenue.
It follows at least two previous attempts for Cintas to buy UniFirst and is set to result in a company with more than $12 billion in combined annual revenue.
The strategic shift comes alongside what UPS describes as the largest network reconfiguration in its 118-year history. Here’s the key details and what distributors should watch for.
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They are the third and fourth acquisitions for ORS since it partnered with Wynnchurch Capital in August 2024, and ORS' CEO called the announcement "the most exciting day in company history."
Fastenal reported a strong February that saw the company's best daily sales growth since October 2022 despite a downstep for its top national accounts.
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The subindex for final demand services drove the increase, largely traced to a spike in margins for wholesalers of professional and commercial equipment.
The company completed six acquisitions during 4Q and closed on three since to complement continued robust organic growth.
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SRS Distribution gained roofing share in a historically weak market as Home Depot’s Pro business outperformed DIY in Q4. From HD’s earnings call, we extract executive details shared on pricing strategy, GMS integration and cross-selling momentum across the company’s expanding contractor-focused offering.
SRS' first two bolt-ons of the year net two locations and a combined 31 employees.
