Metalworking Supplier Royal Products Nets Investment - Modern Distribution Management

Metalworking Supplier Royal Products Nets Investment

Heartwood Partners plans to expand Royal Product's reach into new markets, both organically and through strategic add-on acquisitions.

Middle market private equity firm Heartwood Partners invested in Hauppauge, NY-based Royal Products, a manufacturer and distributor of metalworking performance accessories.

Terms of the transaction were not disclosed.

Heartwood Partners Logo

“Heartwood and our management team are fully committed to preserving the exceptional customer service and distinctive family business values that set Royal apart in our industry,” Royal Products CEO Tom Sheridan said in a Sept. 16 news release.

The investment was finalized on April 12 in collaboration with the management team that will continue to oversee the company.

“Royal has developed an incredibly strong foundation over its 75+ year history through its dedication to best-in-class products and exceptional customer service,” Heartwood Partners Managing Partner Demetrios Dounis said. “We intend to drive future growth by leveraging the company’s well-established brand and market leadership to expand into new markets, both organically and through strategic add-on acquisitions.”

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.