GME Supply — an outfitter of fall protection, safety equipment and gear for at-height workers — on Jan. 17 announced its acquisition of Atascadero, California-based Farwest Line Specialties LLC.
Financial details were not disclosed.
GME, a Platte River Equity portfolio company, said the acquisition supports its strategy to expand throughout North America while “serving contractors across infrastructure-related industries including telecommunications, utilities, renewable energy and commercial construction.”
“Farwest is a great fit to join our team,” said Caleb Messer, President and CEO of GME. “There is immediate crossover between our existing customers, and the partnership will expand our capabilities and GME’s ability to provide unmatched customer service and expertise. Beyond expanding the product offering available to Farwest customers, the acquisition also provides additional locations, opportunities for stocking product, and technology features like GME PRO and Gearcor to make it easier and faster for customers to get the gear they need.”
MDM’s M&A Virtual Summit, to be held Feb. 21-22, has something to offer for any distributor on the dealmaking spectrum. We’ll cover the current state of M&A; how to maximize valuation; integration do’s and don’ts; ESOPs; the culture side of the M&A process; and more. Get details and register here.
“We at Farwest Line Specialties strive to offer great customer service, product availability and product knowledge. We also value customer relationships,” said Matt Clemens, COO of Farwest. “Our values align with those of GME, and we look forward to teaming up as we seek to improve the customer experience with greater accessibility to products, advances in technology and a larger team.”
Related Posts
-
The deal marks the fifth location for Dickman Supply and expands the company’s geographical footprint…
-
John Lamond previously served as GME's National Director of Sales.
-
BPS Supply Group has acquired fellow pipe distributor Producers Supply Company.