AEA Investors, through its Small Business Fund II along with management, has acquired Aramsco Holdings Inc. in Paulsboro, NJ, from Summit Partners. Aramsco is a distributor of safety products, equipment and supplies to specialty contractors.
Aramsco serves contractors engaged in asbestos and lead abatement, fire, water and mold restoration and surface preparation as well as state and local government agencies, utilities, pharmaceuticals, hazardous material handlers, hospitals and facilities maintenance departments. The company’s distribution capabilities are supported by a national network of 19 branches and more than 200 employees.
Rich Salerno, president and CEO of Aramsco, said the partnership with AEA will allow the company to continue to build its business organically and through acquisition.