M&A Deal Summary

Parts Town Acquires 3Wire Group

On May 17, 2018, Parts Town acquired distribution company 3Wire Group from The Marmon Group

Acquisition Highlights
  • This is Parts Town’s 3rd transaction in the Distribution sector.
  • This is Parts Town’s 3rd transaction in the United States.
  • This is Parts Town’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2018-05-17
Target 3Wire Group
Sector Distribution
Buyer(s) Parts Town
Sellers(s) The Marmon Group
Deal Type Divestiture

Target

3Wire Group

Osseo, Minnesota, United States
3Wire Group, Inc. is a distributor of a food service equipment parts to major chains and food equipment service companies. 3Wire Group was founded in 2001 and is based in Osseo, Minnesota.

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Buyer(S) 1

Buyer

Parts Town

Addison, Illinois, United States
Category Company
Founded 1987
Sector Distribution
DESCRIPTION

Parts Town is a distributor of genuine OEM restaurant equipment parts for the foodservice industry. Focused on delivering a unique customer service experience and website, Parts Town customizes solutions for both chain restaurants and food equipment service companies. Parts Town partners closely with the leading manufacturers of commercial cooking, refrigeration, ice, and beverage equipment to improve their parts supply chain, delight their customers, and grow genuine parts sales. Parts Town was founded in 1987 and is based in Addison, Illinois.

DEAL STATS #
Overall 3 of 8
Sector (Distribution) 3 of 7
Type (Divestiture) 1 of 2
State (Minnesota) 1 of 2
Country (United States) 3 of 7
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-18 Whaley Foodservice

Lexington, South Carolina, United States

Whaley Foodservice is an extensive national parts distribution company. Whaley also partners with the industry’s leading manufacturers to provide field service in selected local markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-12 Smart Care Equipment Solutions - PartsXpress

Saint Paul, Minnesota, United States

Smart Care Equipment Solutions - PartsXpress is a distributor of commercial foodservice equipment.

Buy -

Seller(S) 1

SELLER

The Marmon Group

Chicago, Illinois, United States
Category Company
Founded 1953
Sector Manufacturing
DESCRIPTION

The Marmon Group is a diversified manufacturing company that produces electrical components, industrial components and transportation equipment. The Company also provides services including construction and retail services. The Marmon Group was formed in 1953 and is based in Chicago.

DEAL STATS #
Overall 2 of 3
Sector (Distribution) 1 of 1
Type (Divestiture) 2 of 3
State (Minnesota) 1 of 1
Country (United States) 2 of 3
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 Prism Plastics

Chesterfield, Michigan, United States

Prism Plastics, Inc. is a manufacturer of high-precision injection molded plastic components for the automotive, industrial and medical markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-01 Colson Medical Co s

Chicago, Illinois, United States

Colson Medical Co's is a provider of specialty medical devices plates, screws, and related precision tools for orthopedic surgery through its six businesses: Acumed, OsteoMed, MicroAire, Precision Edge, Apex, and Skeletal Kinetics.

Buy -
Mergr

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