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March M&A Roundup: Fewer, but Bigger Deals Abound

Alongside the blockbuster Home Depot-SRS Distribution deal, March included a handful of transactions valued at over $100 million.

It follows the news that the distributor is selling its wholesale hardware unit to House-Hassan.

The acquisition doubles the number of House-Hasson's distribution centers and grows its hardware inventory.

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Paul Kennedy has over 30 years of experience in the plumbing, electrical, HVACR and waterworks distribution industries.

The distributor of hardware and industrial supplies promoted Rob Dilts to Vice President of Operations & Supply Chain.

The hardware products distributor has added a former Hillman Group and Elgin Fastener executive to lead its Industrial Business.

For the month, MDM reported 22 mergers and acquisitions among industrial distributors, the lowest total since May.