Now Private Again, SouthernCarlson Acquires Greenwald Supply in MD - Modern Distribution Management

Now Private Again, SouthernCarlson Acquires Greenwald Supply in MD

SouthernCarlson was acquired by Trulink Capital from Kyocera Corp. in January.
SouthernCarlson

Omaha, NE-based fasteners, tools and construction supplies distributor SouthernCarlson announced March 18 that it has acquired Greenwald Supply Direct.

Based in Hyattsville, MD, Greenwald is a family-owned, specialty distributor of building products serving commercial contractors across the U.S. Mid-Atlantic region.

It marks the first deal for SouthernCarlson since it was acquired in January from Kyocera Corp. by TrueLink Capital. SouthernCarlson was formed in late 2015 through the merger of Carlson Systems, (Omaha), Kentec (Snellville, GA), Southern Fastening Systems (Muscle Shoals, AL) and Duo-Fast Carolinas (Charlotte, NC). It was then acquired by Kyocera in 2019.

“GSD’s reputation for first-class service and deep customer relationships fits perfectly with our culture,” said Andrei Militaru, Southern Carlson President and CEO. “Together, we’ll strengthen the support we provide contractors across the Mid-Atlantic and beyond.”

Terms of the transaction were not disclosed. SouthernCarlson said Greenwald will continue to operate with its current branding and serve customers from its Hyattsville location.

“Our team has been proud to serve contractors throughout the Mid-Atlantic for decades, and with this partnership, we are excited to offer them enhanced access to additional product breadth, jobsite solutions and service capabilities,” added company founder and CEO David Greenwald. “From our standpoint, this is a win-win.”

Greenwald Supply Direct’s location in Hyattsville, MD. (Google Street View)

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