OEM parts and technology distributor Parts Town has acquired Encompass Supply Chain Solutions, a leading national distributor of OEM repair parts for the home.
Financial terms were not announced, but Parts Town says Atlanta-based Encompass delivers nearly $200 million in annual revenue.
Encompass maintains six facilities, has close to 250 team members and more than 200 manufacturer relationships. Robert Coolidge, current president and CEO of Encompass, will continue to lead the business with “additional investment and support from Parts Town,” the company said.
“We are excited to partner with Robert and the entire Encompass team. The business has grown impressively under Robert’s leadership, and we are eager to support this great team in any way possible,” said David Wenger, group president at PT Holdings, Parts Town’s parent company. Wenger continues, “We first entered the residential parts market with our acquisition of Dayton Appliance Parts in early 2021 and have been thrilled with the growth opportunities and manufacturer partnerships that have emerged. We are eager to take another step forward with Encompass to grow in several product categories, including residential appliance parts and consumer electronics. Our efforts will continue to focus on improving the customer experience and growing genuine OEM parts sales in support of leading manufacturers.”
After the deal closes, Encompass and Dayton Appliance will remain separate entities within PT Holdings, with that division focusing on residential parts, according to the announcement.