Morrison Supply acquires Express Pipe & Supply Co., Inc. [01/07/2013]
Acquisition will provide Morrison attractive platform for growth in California market
Fort Worth, TX, January 7, 2013 – Morrison Supply Company, a leading wholesale distributor of plumbing, HVAC and builder products in the Southwest, today announced that it has acquired Santa Monica, California-based Express Pipe & Supply Company, Inc. The third-largest plumbing supply company in the Southern California market, Express Pipe & Supply has twelve branches and a dedicated focus on residential plumbing. With this acquisition Morrison Supply ...Continue Reading
Advent International invests in Morrison Supply [11/30/2011]
Boston, November 30, 2011 – Advent International, the global private equity firm, today announced that it has closed a significant majority investment in Morrison Supply Company, the fourth largest distributor of plumbing and HVAC supplies in the United States. Morrison Supply will utilize Advent’s strong expertise in the industrial sector to expand its presence in the $60 billion U.S. plumbing and HVAC supply market and enhance its leadership position in the Southwestern U.S.
Advent Operating Partner Chip ...Continue Reading