Adds 12 locations serving New York, Massachusetts and Vermont
DAYTON, Ohio, April 14, 2015 – WinWholesale Inc., headquartered in Dayton, has acquired Security Supply, of Selkirk, N.Y. The transaction closed April 13. Terms of the purchase were not disclosed. WinWholesale is one of the nation’s largest distributors of supplies and materials to residential and commercial construction and industrial markets.
Security Supply is a wholesale distributor of plumbing, heating and air conditioning products with 12 locations serving the lower Mid-Hudson Valley, north through the Adirondack Region of New York, western Massachusetts and eastern Vermont. The company will continue to do business as Security Plumbing & Heating Supply. With the acquisition, WinWholesale now has more than 570 locations in 45 states.
Kim Willey has been named president of Security Supply; other current key managers will assume senior positions at the company. These senior-level managers will be offered substantial equity in the respective companies at some point in the future.
“Security Supply has a strong market presence with a solid name and reputation in New York, Massachusetts and Vermont,” said Jack Johnston, WinWholesale president. “They have a long history of building solid customer relationships and providing high quality products including being the most successful Kohler distributor in their trading area. A key component of our growth strategy is to acquire successful wholesaling companies that strengthen our presence in key markets and fit well within our targeted industries. Security Supply is a profitable company with a solid management team.”
“We are very proud to join the Win Group of Companies,” said Kim Willey, president of Security Plumbing & Heating Supply. “Being part of one of the national leaders in wholesale distribution will further strengthen our presence in our market and propel our future growth.”
About WinWholesale Inc.
WinWholesale Inc. (www.winwholesale.com) is a leading supplier of residential and commercial construction and industrial supplies and materials headquartered in Dayton, Ohio. The privately-held company has more than 570 wholesaling locations in 45 states and offers entrepreneurs the unique opportunity to own part of the local business. Collectively, WinWholesale is known as “The Win Group of Companies” and includes Win-branded locations, Noland Company, Carr Supply and Wyatt Irrigation. In the group are companies conducting business-to-business wholesale distribution of supplies and materials in plumbing and heating; hydronics; pipe, valves and fittings; HVAC and refrigeration; electrical; fastening hardware; waterworks and utility; pumps; turf irrigation and landscape; and fire system fabrication. Follow WinWholesale on Facebook, Twitter and YouTube.