Martin Supply, a subsidiary of Martin Inc., has announced the sale of Townsend Door Hardware and Systems to Brice Meeks. Terms of the transaction were not disclosed.
Brice Meeks will create Townsend Door, LLC and Townsend Systems, LLC. Townsend DHS was a division of the Townsend Supply Company which Martin acquired in 1998. For the past 21 years, Townsend DHS has operated as a stand-alone division of Martin focused on the construction market for hollow metal doors, frames and hardware and systems integration of life safety products.
Meeks also owns Delta Electric Inc., an electrical contractor, and Progressive Alarm Technology in Jackson, Tennessee. “The addition of Townsend will create a dominate position in the alarm and systems integration market, said Ruggles. “Meeks’ knowledge of the construction market will provide Townsend Door Hardware the leadership and connections to thrive.”