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Headquarters: Glen Burnie, MD
2013 Revenues: $390 million (Total SBP Holdings)
Change in Sales from 2012: 71.05%(SBP)
Employees: 650 (SBP)
Locations: 37 (SBP)
Key Executives: Otis Dufrene, SBP CEO; Don Fritzinger, president of Singer Equities
Singer Equities is a group of distributors in the industrial rubber products industry. The companies distribute industrial, metal and hydraulic hose and fittings, conveyor belting, gaskets and other industrial products. Management operates the businesses on a standalone, decentralized basis. Singer Equities is a portfolio company of AEA Investors. AEA recently placed Singer Equities and Bishop Lifting Products under the same umbrella company, SBP Holdings Inc.
In June, Singer acquired Stewart-Hunt Inc., a fluid power distributor that will operate as a division of PRC Industrial Supply, Portland, ME. In December, Singer acquired Cumberland Valve, Bridgeton, NJ, which specializes in industrial and hydraulic hose fabrication.
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