M&A Deal Summary

Central Network Retail Group Acquires Parkrose Hardware

On June 2, 2014, Central Network Retail Group acquired retailer Parkrose Hardware

Acquisition Highlights
  • This is Central Network Retail Group’s 1st transaction in the Retail sector.
  • This is Central Network Retail Group’s 1st transaction in the United States.
  • This is Central Network Retail Group’s 1st transaction in Oregon.

M&A Deal Summary

Date 2014-06-02
Target Parkrose Hardware
Sector Retail
Buyer(s) Central Network Retail Group
Deal Type Add-on Acquisition

Target

Parkrose Hardware

Portland, Oregon, United States
Parkrose Hardware is a traditional full-assortment hardware store, plus a strong fastener department and rental department.

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Buyer(S) 1

Buyer

Central Network Retail Group

Memphis, Tennessee, United States

Category Company
Founded 2011
Sector Retail
DESCRIPTION

Central Network Retail Group LLC is a multi-format, multi-brand retailer operating 53 hardware stores, home centers, and lumberyards throughout ten states across the US.


DEAL STATS #
Overall 1 of 3
Sector (Retail) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (Oregon) 1 of 1
Country (United States) 1 of 3
Year (2014) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-31 Taylor Foster Hardware

Manchester, Georgia, United States

Taylor Foster Hardware sells a full assortment of lumber, hardware, plumbing, electrical, tools, paint, lawn and garden supplies and outdoor power equipment serving both DIY and Pro customers.

Buy -