Dayton, Ohio-based WinWholesale has obtained a majority interest in a new partnership with Carr Supply and Carr Supply of Michigan. Carr Supply is a Columbus, Ohio-based wholesale distributor of plumbing, HVAC supplies and equipment, and water well supplies. The company also installs shower doors and closet systems.
The former owners of the company have retained their key management positions and a substantial equity stake in the new partnership.
The transaction, which closed Feb. 1, created a new company that will continue the Carr Supply name and operate as its own entity with the same management team.
Carr Supply has 13 locations in Ohio and two in Michigan. WinWholesale is one of the nation’s largest distributors of supplies and materials to residential and commercial construction and industrial markets. It now has nearly 550 locations in 45 states.
“Carr Supply is a high quality distributor to include in WinWholesale’s portfolio,” said Jack Johnston, WinWholesale president. “Part of our growth strategy is to invest in well-run wholesaling companies that fit well within their industries and where we want to strengthen our presence. We were attracted to Carr Supply’s long history of excellent customer service and its strong business presence in the markets it serves.”
“We are extremely pleased to have entered into this partnership with WinWholesale. It allows Carr Supply to build upon its long tradition of superior products and customer service with increased financial strength,” said Greg Essig, Carr Supply president.