H.I.G Capital Acquires Northwest Pump and Equipment - Modern Distribution Management

H.I.G Capital Acquires Northwest Pump and Equipment

Northwest Pump is a supplier of products and services to fueling stations, EV charging infrastructure and other industrial applications.
GE DIGITAL CAMERA

Alternative investment firm H.I.G Capital said an undisclosed portfolio company acquired Northwest Pump and Equipment Co.

H.I.G CapitalTerms of the transaction were not disclosed.

Portland, OR-based Northwest Pump is a distributor of products and services to fueling stations, EV charging infrastructure and other industrial applications. Northwest has been an ESOP company since 2006. Established in 1959, Northwest Pump serves approximately 6,000 customers across the Western U.S. through 20 branch locations and a workforce of around 350 employees.

“Northwest Pump represents an exciting opportunity to invest in a differentiated and leading distributor that is poised for growth,” H.I.G Capital Managing Director Matt Kever said in a Nov. 22 news release. “We’re excited to partner with Bob and the entire Northwest Pump team to execute on an organic and inorganic growth strategy focused on increasing density and expanding the Company’s scope of services and product offerings.”

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!