The Stephens Specialty Distribution and Services team concentrates on growing middle market companies that provide specialty distribution and services to a broad group of customers in diverse end markets regionally, nationally and globally. The Stephens team is unique in its specialization and combines deep industry knowledge with a full suite of investment banking services. We deliver expert advice on mergers, acquisitions, sales, divestitures and capital solutions as well as capital markets transactions in the public and private equity and debt markets. Since 2011, our team has advised on over 95+ successful M&A transactions and raised over $13 billion of capital for clients through debt and equity transactions.
Stephens’ Specialty Distribution and Services group has extensive experience advising clients who serve a critical role in the supply chain across a variety of end markets. Our team maintains longstanding relationships and active dialogues with many of the leading public and private companies in targeted sectors. In addition to our corporate client relationships, we have a targeted effort directed at private equity firms that have a specialized focus in distribution and services. “Stephens” (the company brand name) is a leading family-owned investment firm that includes Stephens Inc. (member NYSE/SIPC), Stephens Investment Management Group, LLC, Stephens Insurance, LLC, Stephens Capital Partners LLC and Stephens Europe Limited (Registered office: 12 Arthur Street, London, EC4R 9AB, Registered number 8817024), which is authorised and regulated by the Financial Conduct Authority. For more information, visit www.stephens.com. © 2024 Stephens.

Building Controls & Solutions
Stephens served as the exclusive sell-side advisor to the Building Controls & Solutions (“BCS”) in its sale from LKCM Headwater to Platte River Equity (“PRE”). BCS is a value-added distributor of building automation solutions, offering a comprehensive range of products and services designed to optimize building performance, enhance energy efficiency and improve occupant comfort.

Total PowerGen Solutions
Stephens served as the exclusive sell-side advisor to Total PowerGen Solutions (“TPGS”) in its sale from Trivest to Audax Private Equity (“Audax”). TPGS is a full-service provider of power generation solutions. The Company focuses on providing critical maintenance and repair services for commercial and industrial generators, generator rentals and rental-related services and new equipment distribution.

WELSCO
Stephens served as the exclusive sell-side advisor to WELSCO in its sale to nexAir a subsidiary of Linde. WELSCO, a fourth-generation family-owned business, serves as a complete welding and cutting equipment distributor with a full selection of industrial gases for welding, cutting, plasma and lasers.

Industrial Service Group
Stephens served as the exclusive sell-side advisor to the Industrial Service Group (“ISG”) in its sale from KCM Capital, PNC Mezzanine Capital and Five Points Capital to The Jordan Company (“TJC”). ISG is a family of companies providing critical-to-process rotating equipment service, repair and distribution for multiple industries and TJC’s platform acquisition will allow ISG to continue to expand on their buy and build strategy.

Nwestco, LLC
Stephens served as the exclusive sell-side advisor to Nwestco, LLC (“Nwestco”) in its sale from Westview Capital Partners to Guardian Capital Partners (“Guardian”). Nwestco is a leading provider of fuel and car wash equipment, maintenance, compliance, and installation services throughout the Western and Midwest regions of the United States.
Stephens’ Dedicated Distribution Group Focus Verticals:
• Aftermarket Parts
• Automation
• Consumer Products
• Chemicals, Fuels and Lubricants
• Electrical Products
• Engineered Products
• Flow and Process Control
• Fluid power, Conveyance and Filtration
• Foodservice & Packaging
• Industrial Gas and Welding Supplies
• Industrial Equipment and Supplies
• Industrial Services & Maintenance
• Infrastructure Products & Services
• Miscellaneous Products & Services
• MRO Products
• Pipe, Valves & Fittings
• Safety
• Technology and Electronics
• Testing, Inspection and Controls (TIC)”

Brad Yates
Managing Director, Co-Head of Industrial Director, Co-Head of Industrial
(404) 461-5157
Mr. Yates is a Managing Director responsible for the Firm’s Industrials effort. He also founded the Firm’s Specialty Distribution & Services practice in 2004. He has over 38 years of experience in investment banking. He has helped clients raise over $30 billion in the public and private capital markets including a considerable amount of leveraged acquisition financing. Mr. Yates has completed over 170 M&A assignments, advising numerous companies, boards and individual owners in divestitures, acquisitions and defense assignments. He has worked extensively with private equity firms leading a significant number of sell side assignments. Prior to joining Stephens in 2004, he built successful businesses at Salomon Brothers, Bank of America and SG Cowen. Additionally, Mr. Yates has served as a director on a number of company boards.
Mr. Yates is a Managing Director responsible for the Firm’s Industrials effort. He also founded the Firm’s Specialty Distribution & Services practice in 2004. He has over 38 years of experience in investment banking. He has helped clients raise over $30 billion in the public and private capital markets including a considerable amount of leveraged acquisition financing. Mr. Yates has completed over 170 M&A assignments, advising numerous companies, boards and individual owners in divestitures, acquisitions and defense assignments. He has worked extensively with private equity firms leading a significant number of sell side assignments. Prior to joining Stephens in 2004, he built successful businesses at Salomon Brothers, Bank of America and SG Cowen. Additionally, Mr. Yates has served as a director on a number of company boards.

Patrick Clark
Managing Director
(404) 461-5146
Mr. Clark is a Managing Director in Stephens’ Specialty Distribution & Services group. He has over 15 years of experience. Prior to his current role at Stephens, Mr. Clark served as a Senior Vice President, Vice President and an Associate within the SD&S group at Stephens. Prior to joining Stephens, Mr. Clark worked at AlixPartners, where he specialized in financial and operational restructurings both in and outside of bankruptcy, and began his career in the Assurance group at KPMG. Mr. Clark received a BBA and MS in Accounting from Southern Methodist University and his MBA from The University of Chicago Booth School of Business. He is also a certified public accountant, inactive.
Mr. Clark is a Managing Director in Stephens’ Specialty Distribution & Services group. He has over 15 years of experience. Prior to his current role at Stephens, Mr. Clark served as a Senior Vice President, Vice President and an Associate within the SD&S group at Stephens. Prior to joining Stephens, Mr. Clark worked at AlixPartners, where he specialized in financial and operational restructurings both in and outside of bankruptcy, and began his career in the Assurance group at KPMG. Mr. Clark received a BBA and MS in Accounting from Southern Methodist University and his MBA from The University of Chicago Booth School of Business. He is also a certified public accountant, inactive.

Alexandra Lundell
Senior Vice President
(404) 461-5175
Ms. Lundell joined Stephens in 2014 and currently serves as a Senior Vice President in the firm’s Specialty Distribution & Services group where she has provided execution support on a wide variety of M&A and capital raising transactions. Prior to joining the SD&S group, she was an Analyst working with the Specialty Finance and Specialty Distribution & Services Investment Banking groups. Ms. Lundell received a Bachelor of Business Administration in Banking and Finance from the University of Georgia, from which she graduated Summa Cum Laude.
Ms. Lundell joined Stephens in 2014 and currently serves as a Senior Vice President in the firm’s Specialty Distribution & Services group where she has provided execution support on a wide variety of M&A and capital raising transactions. Prior to joining the SD&S group, she was an Analyst working with the Specialty Finance and Specialty Distribution & Services Investment Banking groups. Ms. Lundell received a Bachelor of Business Administration in Banking and Finance from the University of Georgia, from which she graduated Summa Cum Laude.
Share: