M&A Deal Summary

Banner Solutions Acquires Berg Wholesale

On June 17, 2019, Banner Solutions acquired distribution company Berg Wholesale

Acquisition Highlights
  • This is Banner Solutions’ 2nd transaction in the Distribution sector.
  • This is Banner Solutions’ 3rd transaction in the United States.
  • This is Banner Solutions’ 1st transaction in Oregon.

M&A Deal Summary

Date 2019-06-17
Target Berg Wholesale
Sector Distribution
Buyer(s) Banner Solutions
Deal Type Add-on Acquisition

Target

Berg Wholesale

Tualatin, Oregon, United States
Berg Wholesale is a wholesale distributor of door hardware, bath hardware, and security products for the residential and multi-family housing markets. In addition to its Portland-area headquarters, Berg has distribution centers near Anaheim, California, and Orlando, Florida.

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Buyer(S) 1

Buyer

Banner Solutions

Kansas City, Missouri, United States

Category Company
Founded 1987
Sector Distribution
DESCRIPTION

Banner Solutions is a wholesale distributor of door hardware, electronic access control, and security products primarily for repair, replacement, and renovation applications in the commercial/institutional and residential markets. Banner Solutions was founded in 1987 and is based in Kansas City, Missouri.


DEAL STATS #
Overall 3 of 4
Sector (Distribution) 2 of 3
Type (Add-on Acquisition) 3 of 4
State (Oregon) 1 of 1
Country (United States) 3 of 4
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-08 Strauss Lock Distributors

Urbandale, Iowa, United States

Strauss Lock Distributors is a residential lock distributor. Strauss Lock Distributors was founded in 1927 and is based in Urbandale, lowa.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-06 Specialized Builder s Hardware

Anaheim, CA, California, United States

Specialized Builder's Hardware, Inc. is a regional distributor of door locks and hardware, as well as electronic access solutions for the commercial market.

Buy -