Non-heavy manufacturing, non-residential construction and reseller end markets outperformed January.
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The figure was boosted by an additional billing day, but the month was still a considerable rebound when excluding that factor.
Parrish-Hare Electrical Supply's four locations will operate as a separate subsidiary of Consolidated Electrical Distributors.
The plumbing and HVACR distribution giant also updated its plans to ‘domicile’ its ultimate parent company in the U.S. to reflect operations and leadership.
The addition of building materials distributor Kamco Supply expands GMS' wallboard distribution and geographic footprint.
Safety product manufacturer Protective Industrial Products added a Victoria, Australia-based safety eyewear supplier.
Based in Orange, VA, HBS produces and distributes turkey structural building components from its distribution center in Bristow, VA.
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The co-op and hardware distributor will create a combined entity serving DIY entrepreneurs, contractors and distributors in the U.S. Midwest.
It marks the OEM fasteners distributor's 12th acquisition since 2018 and the fifth since 2022.
Electrical supplies distributor Border States creates mechanical, electrical and plumbing engineering services unit.
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Airline Hydraulics has grown its East Coast territory as a distributor of industrial automation products manufactured by Phoenix Contact.
Both are distributors of commercial entry solutions and systems integration services.
In its fifth acquisition of the year, Imperial Dade has added paper and JanSan distributor Brawner Paper Company in the greater Houston area.
Graybar expands its presence in southern Colorado with the addition of Colorado Springs-based electrical distributor Blazer Electric Supply.
Annually, however, January’s figure was up 11.7%.
The distributor saw healthy 4Q organic growth, too, with comparable sales up 5.1% excluding GIC's May 2023 acqusition of Indoff.
Los Angeles-based Progressive had 2023 annual sales of more than $400 million.
The specialty building products distributor saw gross margin improve 40 bps year-over-year, though EBITDA fell by a larger margin.
