With the deal, Hubbell is set to add a significant segment of electrical components and wire management products to its portfolio as it targets growth tied to electrification, data centers and infrastructure markets.
Latest In Mergers & Acquisitions
The move will strengthen Singer's capabilities in conveyor system design, maintenance, and material handling solutions across key industrial markets.
Gates hopes to broaden its channel and application coverage, while Timken expects the move will improve margins.
See our breakdown of M&A activity by product category, the latest EBITDA trading multiples for 27 publicly traded industrial distributors; our latest Premium articles, which take deep dives into the M&A strategies of two prominent companies; and our detailed recap of dealmaking activity during January-March, which was the busiest three-month stretch since May-July 2024.
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Existing backer KKR maintains majority ownership of the distributor, while Neuberger Private Markets now holds a minority stake.
All three company geographies were in positive sales territory for the first time in 11 quarters. Meanwhile, the company closed on a Canadian acquisition that added about $61 million of revenue.
The deal nets Watsco 25 Sunbelt locations and $230 million in added revenue.
Gravis continues its acquisition push with its second deal in two months, adding Montreal-based Western Packaging Solutions to expand its Canadian footprint and strengthen its bulk packaging platform.
FIS serves a range of industrial sectors that include oil and gas, renewables, marine, hospitality and logistics.
The acquisition expands Tencarva's reach in municipal end markets in Texas and Oklahoma.
U.S. Lubricants has acquired Pack Logix to expand blending and packaging capabilities, adding capacity, technology and supply chain efficiencies while enhancing flexibility and turnaround times for customers.
Acquired from Madsen & Howell, it's A&M's largest addition to-date, and comes on the heels of it launching a new eCommerce website in March.
It’s the second-largest purchase price we’ve ever seen in the market behind Home Depot’s $18 billion SRS deal and caps a remarkable 12-month span of aggressive growth for QXO.
Curbell expands nationwide U.S. reach in key industrial end markets, including five new locations on the West Coast.
It follows a pilot of SIMPL’s technology at a Georgia HD distribution center.
It's is Midland’s third acquisition in a span of 10 months.
It nets GMS three locations, including its first in the Colorado Springs market.
Airgas gains a welding store and two employees serving industrial and agricultural customers near Marysville and Yuba City, CA.
It's the second announced deal in as many weeks for Hillman, growing its presence in the U.S. Southeast.