Private investment firm Tecum Equity Alpha Management and the Armstrong Group of Companies — which operates businesses in a variety of industries — announced the formation of a new industrial distribution company called SupplyCo.
Set to launch a new name and brand in early 2026, SupplyCo is described as an industrial supply platform focused on providing technical service and solutions for operationally essential products across industrial, manufacturing and field service applications.
Pittsburgh-based SupplyCo was formed by the partnership between two Western Pennsylvania regional brands: Huston Group, and Gallaway Safety & Supply. Each company brings unique product expertise that is complementary to the platform’s overall goal of providing a complete line card of solutions backed by market-leading technical service expertise. The leadership and employees of each company will remain with SupplyCo.
“Through our experience operating and investing in manufacturing businesses, we understand the importance of these essential products to our customers’ operations. In SupplyCo, we see an opportunity to establish a platform to provide a broader depth of products while maintaining leading technical knowledge and customer support,” Tecum Managing Partner Stephen Gurgovits said in a Nov. 12 news release. “We are actively supporting the company’s next phase of growth by expanding our product offerings, investing in additional inventory management solutions, hiring additional technical sales and application engineer leaders and evaluating strategic acquisitions.”
The release notes that SupplyCo aims to be a leader in providing technical sales support and engineered solutions and that the partnership with Tecum and Armstrong will allow for a long-term outlook to support future growth opportunities both organically and through potential acquisitions.
Armstrong operates businesses in a variety of industries that include telecommunications, monitored security, frozen novelty manufacturing, HVAC, and plumbing and electronic manufacturing services.
Meanwhile, Tecum deploys capital in lower middle market companies out of a $340 million fund launched in February of this year. Since 2006, it has collectively invested more than $1 billion in over 100 platform and add-on acquisitions.
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