19.12.2017 23:37:00
|
Winsupply acquires Thomas Pipe & Supply, Arizona's leading industrial PVF distributor
DAYTON, Ohio, Dec. 19, 2017 /PRNewswire/ -- Winsupply Inc., one of the largest distributors in the nation, has purchased Thomas Pipe & Supply, a Phoenix distributor of industrial pipe, valves and fittings. Terms of the purchase were not disclosed.
"Thomas Pipe & Supply is the number one wholesale distributor of industrial pipe, valves and fittings in Arizona with 34 years of serving their customers," said Roland Gordon, president and CEO, Winsupply Inc. "The company offers pipe fabrication and has enjoyed consistently strong performance through innovation, product line expansion, industry-leading customer service and a superior operating model. Thomas Pipe gives us a strong PVF presence in the Valley of the Sun and beyond to surrounding states."
In selecting Winsupply as its buyer, Thomas Pipe President Don Helmlinger Jr., said, "Winsupply's entire acquisition team created a comfort level for us, which allowed both companies to communicate in a positive atmosphere. At that point, my staff and I realized we had found the perfect fit.
"We discovered that our cultures mirrored each other's: Exceed your customers expectations every day, involve our excellent suppliers with our clients, out-service and out-work the competitors, provide quality products, develop long-lasting relationships and encourage your customers to depend on you, know your markets conditions, and always create a winning attitude in your arena," Helmlinger said.
Helmlinger, who co-owned Thomas Pipe & Supply with investment group GenCap America, of Nashville, Tenn., will continue as president as well as invest equity in Thomas Pipe & Supply with Winsupply. In the Winsupply co-ownership business model, Winsupply Inc. has majority equity in each of its locations, while the local company presidents and sometimes employees own substantial equity.
About Winsupply Inc.
Winsupply Inc. (www.winsupplyinc.com) is a leading supplier of residential and commercial construction and industrial supplies and equipment headquartered in Dayton, Ohio. The privately-held company has nearly 600 wholesaling locations in 45 states and offers entrepreneurs the unique opportunity to own a meaningful part of the local business. Collectively, Winsupply is known as "The Winsupply Family of Companies" and includes Win-branded locations, Noland Company, Carr Supply, Security Plumbing & Heating Supply, Wyatt Irrigation, Electrical Sales, Inc., APCO and Tacoma Electric Supply. In the family are companies conducting business-to-business wholesale distribution of supplies and equipment in plumbing and heating; hydronics; pipe, valves and fittings; HVAC and refrigeration; electrical; fastening hardware; waterworks and utility; pumps; turf irrigation and landscape; and fire system fabrication. Follow Winsupply on Facebook, LinkedIn, and Twitter.
Contact: | |
Winsupply | Thomas Pipe & Supply |
Maury Williams | Don Helmlinger |
937-531-4554 | 602-254-0410 |
View original content with multimedia:http://www.prnewswire.com/news-releases/winsupply-acquires-thomas-pipe--supply-arizonas-leading-industrial-pvf-distributor-300573555.html
SOURCE Winsupply Inc.
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!