The transaction provides the capital, operational expertise, and industry relationships necessary to restart operations, retain and create jobs, and re-establish Paragon as a supplier of high-quality steel pipe products to energy, utility, infrastructure, and industrial customers throughout North America.
The acquisition strengthens Everflow's long-term strategy of building a portfolio of differentiated brands and product solutions by adding QuickFitting's connection technologies, including SurePress technology, Push-to-Connect solutions, and an extensive portfolio of patented products.
The acquisition aims to strengthen Everflow's growing portfolio of trusted brands, and support the company's strategy as a specialty provider serving multiple industries and channels.
Everflow Supplies announced the acquisition of the Speakman brand from mSupply, marking a milestone for both organizations and positioning the brand for continued growth across existing and emerging markets.
The Granite Group has entered New York State with the acquisition of Hynes Plumbing Supply in Plattsburgh, marking a geographic expansion for the company.
The acquisition expands SJE’s portfolio of liquid level floats and related products, growing its presence within the municipal, commercial and residential markets.
Rural Pipe & Supply is a first-generation, family-owned and operated business founded in 1999 by Tommy and Amanda Shaver. Headquartered in Jasper, Texas, the company operates two locations: Rural Pipe & Supply in Jasper and Rural Pipe & Plumbing Supply in Livingston, Texas.