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This is the second acquisition for Shorehill Capital-owned Ascent Lifting this year and its fourth overall since its 2022 founding.
Strong sales continued in July-September, during which the company completed another acquisition before two more in October-November.
Two new Central Distribution Centers will support QED’s transition to a centralized logistics model.
Comprised essentially entirely of legacy Beacon, top-line sales narrowly trailed those of a year earlier, while adjusted EBITDA margin improved sequentially.
Ireland/Iceland becomes Rubix's second-largest regional market, and the company announced another tuck-in acquisition on Nov. 7.
Annual growth in sales is primarily due to price increases being passed through.
It creates an industrial PVF supply powerhouse with an enterprise value of about $3 billion.
It was the fourth straight month that Fastenal saw its daily sales rate grow by double digits year-over-year, powered by pricing actions in Q2-Q3 of this year.
The company saw modest year-over-year revenue growth at both its ADI and P&S business units.
The acquisition of Hotsy of Boulder expands Watts Steam Store’s presence across Northern Colorado.
