The Helpful Hardware Company (HHC), a network of Ace-branded hardware stores in the Southeast, announced the acquisition of Jordan’s Ace Hardware in Union, South Carolina. This marks the company’s 20th location in the region. “We’re thrilled to welcome Jordan’s Ace …
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Merit Distribution Group Comes Under New Ownership
On June 30, The Merit Distribution Group LLC and its subsidiaries completed a sale transaction with Spartan ParentCo LLC, an affiliate of Czech Asset Management. While Merit Distribution will operate under new ownership, existing operations and management will remain unchanged …
Read More »Looking at the Nuts and Bolts of Financing to Unlock Growth
In today’s competitive retail landscape, home improvement store owners need strategic financial solutions to thrive and expand. Join the North American Hardware and Paint Association (NHPA) and hardware store financing expert Brian Misenheimer from Live Oak Bank for this essential …
Read More »Home Depot, SRS Distribution to Acquire Building Products Distributor
The Home Depot announced it has entered into an agreement for its specialty trade distribution subsidiary, SRS Distribution Inc. (SRS), to acquire GMS Inc. (GMS), a leading North American speciality building products distributor, for $5.5 billion. “The Home Depot acquired …
Read More »Spahn & Rose Lumber Co. to Acquire Whit Davis Lumber Plus
Spahn & Rose Lumber Co. has entered into an agreement to purchase family-owned lumber and building supplier, Whit Davis Lumber Plus. The acquisition is planned to close on June 20, with stores reopening under the Spahn & Rose family on …
Read More »Lowe’s Completes Acquisition of Artisan Design Group
Lowe’s announced it has completed its acquisition of Artisan Design Group (ADG), a nationwide provider of design, distribution and installation services for interior surface finishes to home builders and property managers. “We are pleased to complete this transaction and officially …
Read More »Hancock Lumber to Acquire Johnson Lumber
Hancock Lumber announced plans to acquire Johnson Lumber, a single-location lumberyard located in Salisbury, Massachusetts. The store will begin operating as Hancock Lumber on June 2. “It’s been an honor to work with the Johnson family on the acquisition and integration …
Read More »Westlake Ace Hardware Expands in California
Westlake Ace Hardware announced it has agreed to acquire Dale Hardware Inc., a family-owned Ace retailer in Fremont, California. The acquisition will be completed July 28, 2025. Dale Hardware will be rebranded as Ace Hardware of Fremont after the finalized …
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