M&A Deal Summary

Style Crest Acquires Westland Distributing

On November 8, 2023, Style Crest acquired distribution company Westland Distributing from Dry Fly Capital

Acquisition Highlights
  • This is Style Crest’s 1st transaction in the Distribution sector.
  • This is Style Crest’s 1st transaction in the United States.
  • This is Style Crest’s 1st transaction in Colorado.

M&A Deal Summary

Date 2023-11-08
Target Westland Distributing
Sector Distribution
Buyer(s) Style Crest
Sellers(s) Dry Fly Capital
Deal Type Add-on Acquisition

Target

Westland Distributing

Denver, Colorado, United States
Westland Distributing is a provider of foundation covers, windows, doors, set up, and plumbing solutions for the manufactured housing sector. Westland Distributing was founded in 1971 and is based in Denver, Colorado.

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Buyer(S) 1

Buyer

Style Crest

Fremont, Ohio, United States

Category Company
Sector Building Materials
DESCRIPTION

Style Crest is a provider of HVAC, foundation covers, and other building products. Style Crest is based in Fremont, Ohio.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Dry Fly Capital is a private investment firm focused on partnering with small companies generating $1 to $3 million of EBITDA. The Firm targets opportunities in the distribution, manufacturing, and service sectors. The Firm looks to preserve the existing brand and relationships and improve operations with digital marketing strategies and technology automation investments. Dry Fly Capital was formed in 2018 and is headquartered in Littleton, Colorado.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 Mytee

Poway, California, United States

Mytee is an innovator and manufacturer of cleaning and related products serving the auto detailing, carpet cleaning and facilities maintenance industries. Mytee was founded in 1994 and is based in Poway, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-19 PSA Worldwide

Colorado Springs, Colorado, United States

PSA Worldwide create awareness for programs which educate on sexual assault prevention, domestic and dating violence prevention, substance abuse prevention, child abuse, bullying, suicide prevention, and overall wellness! PSA Worldwide is based in Colorado Springs, Colorado.

Buy -