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The acquisition is NEFCO's eighth since 2017.
The sales growth for the 12 months through February 2023 is 16.1% percent, according to a HARDI news release.
Singer Industrial, formerly SBP Holdings, made its first acquisition of 2023 after making several bolt-ons in 2022.
Former Deacon Owner Bill Vail will continue to lead Deacon’s operations and will serve as EVP and board member at The Macomb Group.
GMS said in its announcement that expanding its footprint, scale and product offerings remain top priorities for the company.
AMS serves customers across medical, technology, machine building, life sciences, electronics, automotive and other industrial verticals.
Double-digit year-over-year sales and profit gains continued for the distributor, for which eCommerce comprised 62% of quarterly sales.
Beacon has now made four acquisitions in 2023.
Private nonresidential spending was up 0.7%, while public nonresidential construction spending was down 0.2% in February.
SealTeam Australia and AB Seals distribute standard and tailored, highly technical hydraulic and pneumatic sealing solutions.
