Essendant - M&A Summary, Ownership, and Business Overview

DistributionCompany

Essendant M&A Summary

Essendant has acquired 9 companies of its own. A total of 5 acquisitions came from private equity firms. It has also divested 3 assets.

Essendant’s largest acquisition to date was in 2012, when it acquired O.K.I. Supply for $90M. It’s largest disclosed sale occurred in 2006, when it sold United Stationers - Azerty Ink & Toner Business to Synnex Canada for $17M. Essendant has acquired in 8 different US states. The Company’s most targeted sectors include distribution (75%) and e-commerce (13%).

Essendant Ownership

Who owns Essendant?

Essendant is owned by Sycamore Partners. It was acquired on January 31, 2019.

Is Essendant PE-backed?

Yes. Essendant is owned by private equity investor Sycamore Partners.

Was Essendant formerly PE-backed?

Yes. Essendant was formerly owned by 1 private investor.

Essendant Business Overview

Where is Essendant headquartered?

Essendant is headquartered in Deerfield, Illinois.

What is Essendant’s revenue?

Essendant disclosed revenue of 5,037M USD for 2017 and 5,369M USD for 2016.

How many employees does Essendant have?

Essendant has 6,400 employees.

What sector is Essendant in?

Essendant is a distribution company.

When was Essendant founded?

Essendant was founded in 1922.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity8
    • M&A Sell Activity3
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 8
  • M&A Advisors 1

Essendant

Essendant, Inc.

One Parkway North Blvd., Suite 100,
Deerfield, Illinois 60015
United States,
(847) 627-7000
www.essendant.com

Essendant is a national wholesale distributor of workplace items including traditional office products and office furniture, janitorial, sanitation and breakroom supplies, technology products, industrial supplies, and automotive aftermarket tools and equipment. Essendant was founded in 1922 and is based in Deerfield, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 8 - - - - - 8
vol $181M $181M
Sell (0.0/yr) # 3 - - - - - 3
vol $17M $17M
  11

Most Recent M&A

Company Date Value Type
ORS MEDCO 2019-10-17 - Divestiture
Deerfield, Illinois
ORS Nasco, Inc. 2019-10-17 - Divestiture
Tulsa, Oklahoma · www.orsnasco.com
Staples - Wholesale Business 2016-02-16 23M USD Divestiture
, United States
Nestor Sales LLC 2015-08-03 39M USD Add-on Acquisition
Largo, Florida · www.nestorsales.com
Liberty Bell Equipment Corp. 2014-10-31 - Add-on Acquisition
Philadelphia, Pennsylvania · www.medcocorp.com
CPO Commerce, Inc. 2014-05-19 30M USD Add-on Acquisition
Pasadena, California · www.cpocommerce.com
O.K.I. Supply Co. 2012-10-22 90M USD Add-on Acquisition
Cincinnati, Ohio · www.oki-bering.com
ActionEmco Holdings LLC 2008-10-03 - Add-on Acquisition
North Bergen, New Jersey
ORS Nasco, Inc. 2007-12-21 - Add-on Acquisition
Tulsa, Oklahoma · www.orsnasco.com
United Stationers - Azerty Ink & Toner Business 2006-05-04 17M USD Divestiture
, Ontario
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Distribution 6 (75%) 129M (71%) 3 (100%) 17M (100%)
E-Commerce 1 (13%) 30M (17%) - -
Retail 1 (13%) 23M (12%) - -
Total 8 $181M 3 $17M

By Geo

State/Country Buy Value Sell Value
United States 8 181M 2 -
  Oklahoma 1 - 1 -
  Illinois 1 - 1 -
  Florida 1 39M - -
  California 1 30M - -
  Pennsylvania 1 - - -
  Ohio 1 90M - -
  New Jersey 1 - - -
Canada - - 1 17M
  Ontario - - 1 17M
Domestic 8 (100%) 181M (100%) 2 (67%) -
Cross-border - - 1 (33%) 17M (100%)
Total 8 $181M 3 $17M

Top M&A Advisors

Financial Deals
Lincoln International
2

Deal Values

buy # Total
< $100M 4 $181M
TOTAL $181M
Largest O.K.I. Supply Co.
$90M (2012-10-22)
sell # Total
< $100M 1 $17M
TOTAL $17M
Largest United Stationers - Azerty Ink & Toner Business
$17M (2006-05-04)

M&A Connections

Deals
Acquired from
Investor(s)
50%
4 (50%)
Strategic(s)
13%
1 (13%)
Divested to
Investor(s)
67%
2 (67%)
Strategic(s)
33%
1 (33%)

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