Eastern Metal Supply Invests in Aluminum Products Wholesale
2024年9月18日 - 12:05AM
ビジネスワイヤ(英語)
Eastern Metal Supply, Inc. (“EMS”), one of the largest
value-added distributors of aluminum products in the U.S. and a
Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, today
announced the acquisition of the assets of Aluminum Products
Wholesale (“APW” or the “Company”).
Established in 2001 by Mitch Shepherd, APW is a
Jacksonville-based distributor of aluminum extrusions, beams,
screens, and other related products utilized in the installation
and repair of patio enclosures and screen rooms. APW has a strong
reputation for providing its diverse customer base with quality
products and high service levels.
Mike Swedick, CEO of EMS, said, “We’re excited to partner with
Mitch and the broader APW team to continue building upon their
strong reputation in the market. APW will allow us to further scale
our patio offering and expand our overall presence in North
Florida.”
Mitch Shepherd, President of APW, said, “I am excited to partner
with EMS and leverage their broad product offering and extensive
resources to better serve our customers. I cannot think of a better
partner for APW, and I look forward to working alongside EMS during
our next phase of growth.”
Foley & Lardner LLP acted as legal advisor to EMS and
Wynnchurch.
Wynnchurch manages a number of private equity funds with $9.2
billion of regulatory assets under management and is actively
seeking investments. In August 2024, Wynnchurch acquired ORS Nasco,
North America’s largest pure wholesaler of industrial MRO supplies.
Other recent investments include: Hydraulic Technologies, a market
leader in high-pressure hydraulic tools; Reagent, the #1 specialty
distributor of hydrochloric acid in North America; Handgards, a
leading distributor of foodservice products; and FloWorks, a
distributor of critical flow control products.
About EMS:
EMS, headquartered in Lake Worth, Florida, is a value-added
distributor of aluminum products that are sold into a variety of
industrial, commercial, residential, and marine end markets.
Founded in 1982 with a single Florida location, EMS has expanded
into new regions and now operates seventeen distribution
facilities, totaling nearly 1.6 million square feet. For more
information, please visit: www.easternmetal.com.
About Wynnchurch Capital:
Wynnchurch Capital, L.P., headquartered in the Chicago suburb of
Rosemont, Illinois, with an affiliate in Canada, was founded in
1999 and is a leading middle-market private equity investment firm.
Wynnchurch’s strategy is to partner with middle market companies in
the United States and Canada that possess the potential for
substantial growth and profit improvement. Wynnchurch manages a
number of private equity funds with $9.2 billion of regulatory
assets under management and specializes in recapitalizations,
growth capital, management buyouts, corporate carve-outs, and
restructurings. For more information, please visit:
www.wynnchurch.com or follow us on LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20240917205450/en/
For new investment opportunities please contact: Mike
Teplitsky Partner mteplitsky@wynnchurch.com 646-373-6373
Scott Fitch Partner sfitch@wynnchurch.com 310-933-5007