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  6. Craftmaster Hardware Acquires Taylor Security & Lock Co.

M&A Deal Summary

Craftmaster Hardware Acquires Taylor Security & Lock Co.

On January 8, 2019, Craftmaster Hardware acquired distribution company Taylor Security & Lock Co.

Acquisition Highlights
  • This is Craftmaster Hardware’s 1st transaction in the Distribution sector.
  • This is Craftmaster Hardware’s 1st transaction in the United States.
  • This is Craftmaster Hardware’s 1st transaction in Maryland.

M&A Deal Summary
Date 2019-01-08
Target Taylor Security & Lock Co.
Sector Distribution
Buyer(s) Craftmaster Hardware
Deal Type Add-on Acquisition

Target

Taylor Security & Lock Co.

Gaithersburg, Maryland, United States
Taylor Security & Lock Co. Inc. is a wholesale distributor of door hardware serving private, institutional and government locksmiths, facilities management professionals, maintenance engineers, and access control companies.

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Buyer(S) 1

Buyer

Craftmaster Hardware

Northvale, New Jersey, United States
Category Company
Founded 1951
Sector Distribution
DESCRIPTION

Craftmaster Hardware is a distributor of security hardware, locks, and locksmith supplies to hospitals, universities, school districts, federal, state, and local governments as well as prisons and jails. Craftmaster Hardware was founded in 1951 and is based in Northvale, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Maryland M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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