M&A Deal Summary

CWG International Acquires Supplies Wholesalers

On June 13, 2022, CWG International acquired distribution company Supplies Wholesalers from Blackford Capital and Concentric Equity Partners

Acquisition Highlights
  • This is CWG International’s 1st transaction in the Distribution sector.
  • This is CWG International’s 1st transaction in the United States.
  • This is CWG International’s 1st transaction in Nevada.

M&A Deal Summary
Date 2022-06-13
Target Supplies Wholesalers
Sector Distribution
Buyer(s) CWG International
Sellers(s) Blackford Capital
Concentric Equity Partners
Deal Type Add-on Acquisition

Target

Supplies Wholesalers

Reno, Nevada, United States
Supplies Wholesalers is a distributor of compatible imaging supplies and accessories, including laser printer toner cartridges, ink cartridges, toner, copier toner, ribbon, and thermal fax consumables. Supplies Wholesalers was founded in 2009 and is based in Reno, Nevada.

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Buyer(S) 1

Buyer

CWG International

Charlotte, North Carolina, United States
Category Company
Sector Distribution
DESCRIPTION

CWG specializes in OEM and alternative supplies, hardware, media, and parts distribution and office solutions, CWG International is based in Charlotte, North Carolina.

DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1

Seller(S) 2

SELLER

Blackford Capital

Grand Rapids, Michigan, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

Blackford Capital is a private investment firm that targets mature or growth-oriented manufacturing, distribution, and service companies located in North America. Specific areas of interest include paper; rubber and miscellaneous plastics; stone, clay, and glass products; primary metal industries; fabricated metal products; industrial machinery and equipment; and electronics and other electrical equipment. Blackford prefers situations where management is seeking to retire or exit. The Firm's target revenue range is between $20 and $100 million. Blackford Capital Partners was formed in 2000 and is based in Grand Rapids, Michigan.

DEAL STATS #
Overall 15 of 18
Sector (Distribution) 1 of 2
Type (Add-on Acquisition) 6 of 7
State (Nevada) 1 of 1
Country (United States) 14 of 17
Year (2022) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-13 Hall Technologies

Coppell, Texas, United States

Hall Technologies provides the next generation of A/V technology across many applications and has been trusted in thousands of installations worldwide. Hall Technologies was founded in 1984 and is based in Coppell, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-16 Grand Equipment

Hudsonville, Michigan, United States

Grand Equipment is a distributor of a broad line of construction equipment providing new and used sales, rental, service, and parts to a diversified customer base. Grand Equipment was founded in 2000 and is based in Hudsonville.

Sell -
SELLER

Concentric Equity Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2002
Size Small
Type Sector Agnostic
DESCRIPTION

Concentric Equity Partners is a private equity firm that invests in profitable, growth-oriented middle-market companies. Concentric typically invests $10 to $30 million of capital per transaction, however, the Firm's historical investment range is $5 to $100 million. Areas of interest include business services, consumer services, financial services, and healthcare. Prospective transaction situations include management led buyouts, leveraged buyouts, and growth equity investments. Concentric will consider both majority and minority situations. Concentric is the direct investment arm of asset management firm, Financial Investments Corporation. Concentric Equity Partners was established in 2002 and is based in Chicago, Illinois.

DEAL STATS #
Overall 17 of 18
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 6 of 6
State (Nevada) 1 of 1
Country (United States) 17 of 18
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-24 Leap Partners

Nashville, Tennessee, United States

Leap Partners connects the best small and medium-sized HVAC, plumbing, and electrical service businesses in the Southeast to build a world-class employer and service provider with industry-leading customer satisfaction and employee engagement. Leap Partners is based in Nashville, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-15 Nirvana Solutions

New York, New York, United States

Nirvana Solutions develops cloud-based front, middle, and back office software solutions for the investment management industry. Nirvana Solutions provides portfolio management systems to multi-prime hedge funds, prime brokers, and fund administrators. Nirvana Solutions was founded in 2006 and is based in New York City.

Buy -
Mergr

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