NetPlus Alliance Transitions Ownership - Modern Distribution Management

Log In

NetPlus Alliance Transitions Ownership

Jennifer Murphy on Jan. 1 took the reins of the buying group from her father, Dan Judge, marking the organization’s fifth generation of family ownership.
NetPlus Alliance
Author
Date

NetPlus Alliance, Lockport, New York, announced that on Jan. 1, the organization’s founder and chairman, Dan Judge, transitioned ownership of the industrial and contractor supplies buying group to his daughter and NetPlus president, Jennifer Murphy. The event marked the fifth generation of family ownership.

“After an unprecedented year in our industry, our team has played through the challenges and positioned NetPlus for accelerated growth,” Murphy said. “I am proud to be the fifth-generation president of a 150-year-old family business that started in distribution and look forward to continuing our core purpose of helping businesses succeed.”

“I am very pleased that my daughter Jennifer is now the sole owner of NetPlus, a position that she has certainly earned since becoming president in 2013, growing the company 111% since then, and building one of the best teams in the industry,” said Judge, whose role in the organization won’t change with the ownership transition as he will remain involved in the business as NetPlus chairman.

Judge said he began planning for the transition in 2013 when Murphy became president of NetPlus.

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.