The 2020 Mid-Year Economic Update_long

Audax Group Buys Lewis-Goetz

Private equity firm Audax Group has acquired industrial rubber distributor Lewis Goetz and Company Inc., Pittsburgh, PA. Lewis-Goetz operates from 48 locations throughout the U.S. and Canada.
&nbsp ;
It sells industrial, hydraulic, and metal hose, conveyer belts, gaskets and seals, and related accessories and services.
&nbsp ;
We are excited to have Audax Group as our partner," said David R. Goetz, Lewis-Goetz CEO. "Their experience sourcing and integrating add-on acquisitions will be an important asset for us as we continue to grow our business."
&nbsp ;
Vetus Partners, featured in a recent MDM audio conference, advised Lewis-Goetz.
&nbsp ;
Audax recently purchased UTEX Industries, Inc., Houston, TX, a manufacturer of complex gaskets and highly engineered ...

Private equity firm Audax Group has acquired industrial rubber distributor Lewis Goetz and Company Inc., Pittsburgh, PA. Lewis-Goetz operates from 48 locations throughout the U.S. and Canada.
&nbsp ;
It sells industrial, hydraulic, and metal hose, conveyer belts, gaskets and seals, and related accessories and services.
&nbsp ;
We are excited to have Audax Group as our partner,” said David R. Goetz, Lewis-Goetz CEO. “Their experience sourcing and integrating add-on acquisitions will be an important asset for us as we continue to grow our business.”
&nbsp ;
Vetus Partners, featured in a recent MDM audio conference, advised Lewis-Goetz.
&nbsp ;
Audax recently purchased UTEX Industries, Inc., Houston, TX, a manufacturer of complex gaskets and highly engineered seals to oil and gas, water distribution, and industrial end markets.
&nbsp ;
Lewis-Goetz bought Goodall Rubber Co. in March 2006. Together the firms have more than $200 million in annual revenues.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.