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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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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Artisan Design Group (ADG) was recently sold to Lowe’s Companies for $1.325 billion by The Sterling Group, a private equity firm. ADG, a nationwide design, distribution and installation services provider based in Dallas, Texas, operates 132 distribution, design and service …
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