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Breaking news in Wholesale Distribution
The topline figure snapped three straight months of decline, though nonresidential spending saw a sharp decline.
The subindex for final demand services drove the increase, largely traced to a spike in margins for wholesalers of professional and commercial equipment.
Adding five facilities and 220 employees, the news came just two days after SRS announced a pair of deals in New York and Nebraska.
The company completed six acquisitions during 4Q and closed on three since to complement continued robust organic growth.
SRS' first two bolt-ons of the year net two locations and a combined 31 employees.
The move will provide resources and strategic support for Depatie stay on the front of motion control and automation.
Doig Corp. will continue operating from its WI location and will transition to market under the Tavoron brand.
United Wire & Cable is one of 11 acquisitions made by GCG over the last 6 years.
Fabiano Brothers is the largest beer distributor in Michigan.
Pepper said the Series C funding will expand its AI-powered platform for independent food distributors, accelerating product innovation, ERP integrations and go-to-market efforts across ordering, sales, receivables and embedded payments workflows.
