July Distribution M&A Roundup: July Cools Off Hot June - Modern Distribution Management

July Distribution M&A Roundup: July Cools Off Hot June

Summer doldrums might not exactly be the right term, but the pace of mergers and acquisitions in wholesale distribution slowed significantly from a blistering June.

Summer doldrums might not exactly be the right term, but the pace of mergers and acquisitions in wholesale distribution slowed significantly from a blistering June, when late in the month Kaman Corporation announced that it would sell its industrial distribution segment, Kaman Industrial Technologies, to private equity firm Littlejohn for $700 million. In addition, there were more than a dozen significant deals that month.

For July, the largest publicly-disclosed distributor deal was Watsco’s intention to acquire the HVAC business of Peirce-Phelps, Philadelphia, with $206 million in annual sales. On the manufacturer side, Actuant Corp., Milwaukee, plans to sell its Engineered Components & Systems segment to private equity firm One Rock Capital Partners for $214.5 million. 

On the service provider side, an interesting acquisition announcement was Eden Capital’s acquisition of MITS, an analytics platform for distributors and manufacturers. Eden is expanding a BI/CRM platform with a distribution focus with its former acquisition of distribution CRM and sales force automation provider Tour de Force in October, 2018.

As always MDM welcomes any comments below or at info@mdm.com.

Related Posts

Share this article

About the Author
Recommended Reading
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.

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

Subscribe to continue reading

MDM Premium Subscribers 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

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.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!