The merger is effective Jan. 1, 2023, and ICS’s staff will remain intact following the acquisition.
Latest In Mergers & Acquisitions
Mid-States is a dry bulk transportation, warehousing and export services company with 11 locations in Texas, the Northeast and Mid-Atlantic.
Munich, Germany-based Instrumex is a distributor of test and measurement equipment.
Bossard, ranked No. 12 on MDM’s 2022 Top Fastener Distributors list, acquired the Canadian distribution unit from fastening solutions manufacturer PennEngineering.
BlackHawk continues its growth strategy by acquiring Schofield, Wisconsin-based Thomas Industrial Supply, Inc.
The distributor of foodservice and JanSan products acquired Maintenance Supplies and Marketing, Inc. and H.C. Walterhoefer & Sons.
The merger, facilitated by a duo of private equity firms, will create a leading supplier in the aerospace industry.
Acquired from Illinois Tool Works, the purchase price is $59 million.
The deals mark the 57th and 58th acquisitions for Imperial Dade under Chairman Robert Tillis and CEO Jason Tillis.
The industrial distributor says the deal will expand its HVAC presence in the Pacific Northwest.
Minnesota-based private equity firms Tonka Bay Equity Partners and Northstar Capital partnered to invest in Standard Locknut.
Jon-Don has acquired Norkan Industrial Supplies and CRT Industrial Equipment.
It adds approximately $100 million in revenue to CED.
Hanes Geo Components would acquire the majority of business and assets of Nilex Inc.
The deal will provide a 'one-stop shop' for concrete and masonry construction in the North and Central Florida markets, New South said.
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The transaction brings Envoy's total number of transactions in 2022 to 20.
The acquisition expands Bostwick-Braun's industrial division.
Akron-based L.A. Tool & Supply Co. is BlackHawk’s third acquisition in Ohio in less than a year, the company said.
