Harrington Process Solutions Acquired by Bain Capital - Modern Distribution Management

Log In

Harrington Process Solutions Acquired by Bain Capital

Harrington will continue to operate as a standalone company and be led by its current management team.
logos (49)
Author
Date

Chino, California-based Harrington Process Solutions — a specialty distributor of industrial flow control process solutions — on Sept. 7 announced that it has entered into a definitive agreement to be acquired by Bain Capital Private Equity.

Harrington will continue to operate as a standalone company and be led by its current management team, according to a news release. Harrington has more than 60 locations across the U.S.

Financial terms of the private transaction — with funds affiliated with Nautic Partners (together with certain of their affiliates, “Nautic”), which have owned Harrington since 2020 — were not disclosed.

“Our vendors and customers have long recognized Harrington as a leading supply chain partner and technical expert in the specialty distribution sector,” said Dave Abercrombie, Chief Executive Officer of Harrington. “As our end markets are benefitting from key macroeconomic trends, we are excited to partner with Bain Capital to accelerate our growth as we continue to support critical industrial sectors across the country.”

Bain Capital has a history of investments in specialty distribution. The firm’s relevant global experience includes investments in US LBM, Imperial Dade, Dealer Tire, PartsSource, Diversey, HD Supply Holdings, Inc., Autodistribution, Brenntag, and IMCD.

“We have built an impressive team of specialists that can quickly help to deliver complex and mission-critical fluid processing solutions for many of the nation’s leading industrial and technology firms,” said Bob Graham, Chief Operating Officer at Harrington. “Bain Capital’s experience partnering with and providing valued resources to industrial and specialty distribution companies will be very important as we continue to scale the business and serve the needs of our vendors, customers and team members.”

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.