Marking its first acquisition since the distribution group’s formation at the end of 2023, Venturi Supply has expanded its U.S. mid-Atlantic presence with the addition of Baltimore-based Monumental Supply Company.
Monumental is a single-location distributor of industrial pipe, valves and fittings, as well as fire protection and elevator supplies. It has been in business since 1950.
Phoenix-based Venturi said the addition will boost its range of industries and applications across the U.S., which include energy, infrastructure, industrial manufacturing, food and beverage processing, construction, mechanical and fire protection systems.
“With their extensive experience in industrial distribution, they (Monumental) bring a growing customer base and a wealth of industry knowledge to our team, strengthening our presence on the East Coast,” Venturi CEO Michael DiMino said in an April 30 news release. “Their specialization in elevator supplies and equipment perfectly complements our existing portfolio, opening new avenues for innovation and service excellence across our companies.”
Venturi was formed by Dallax, TX-based private equity firm Trive Capital, which acquired and merged six industrial distributors — BPS Supply Group, Producers Supply Company, Tri Star Industrial, Ameripipe Supply, Industrial & Construction Enterprises, and Albuquerque Pipe & Pump Supply — into Venturi. Prior to adding Monumental, Venturi’s footprint spanned 42 facilities in the U.S.
“Together, we will continue to prioritize providing top-quality products and solutions empowered by the support and resources of the entire Venturi platform,” DiMino added. “This acquisition is not just a growth strategy; it’s a bold move forward to provide our customers with unparalleled offerings and service.”
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