Midwest Wholesale Hardware, a Kansas City, MO-based portfolio company of private equity firm High Road Capital Partners, has acquired Strauss Lock Distributors, a Charlotte, NC-based lock distributor that serves commercial, multifamily and residential customers. Terms of the agreement were not disclosed.
Formed in 1987, Midwest Wholesale Hardware became part of High Road Capital Partners LLC in 2017 and has seven locations across the U.S.
Strauss Lock Distributors has been in business since 1927 and has three distribution centers in the U.S.
1stWEST M&A, an investment banking and M&A advisory firm headquartered in Evergreen, CO, served as the exclusive representative for Strauss Lock.