March M&A Roundup: Sluggish Activity Reflects Economic Uncertainty
MDM reported 19 transactions in March — either pending or completed — involving at least one distributor in the building supply, industrial or commercial hardgoods sectors. This figure was down from...
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ProContractor Supply Appoints President & COO
Building materials distributor ProContractor Supply appointed as its Abhi Ainghi President and Chief Operating Officer. With over 26 years of senior executive experience in specialty distribution,...
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MDM Podcast: Why Tech Fails Salespeople & How to Leverage it
With MDM’s SHIFT Conference coming up on May 13-15 in Denver, we’re rolling out a series of podcasts that feature speakers who will be at the event. These shorter episodes help familiarize our...
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Rexel Acquires Schwing Electrical on Long Island
Dallas, TX-based electrical supplies distributor Rexel USA acquired Schwing Electrical Supply. Terms of the transaction were not disclosed. Based in Hempstead, NY, Schwing Electrical Supply is a...
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Manufacturing PMI Falls 1.3 Points and Back Into Contraction
The Institute for Supply Management released its monthly manufacturing Purchasing Managers Index (PMI) on April 1, reflecting March activity, which revealed an overall month-to-month decline, driven by...
View ArticleCK Supply Acquires Columbia Welding and Machine in Missouri
St. Louis-based compressed gases, dry ice and welding equipment distributor CK Supply acquired Columbia Welding and Machine. Terms of the transaction were not disclosed. Based in Columbia, MO, Columbia...
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Tencarva Machinery Acquires Atlantic Valve & Equipment
Flow control and process equipment distributor Tencarva Machinery acquired Atlantic Valve & Equipment. Terms of the transactions were not disclosed, but Tencarva was back by New York-based private...
View ArticleNational Oak Distributors Merges with Integrated Supply Network
Automotive parts distributor National Oak Distributors (NOD) and Integrated Supply Network (ISN) announced on April 1 that the companies have completed a merger between the two. Terms of the...
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PHP Distribution Gets New President, Logo
Valparaiso, IN-based construction tools, equipment and electrical supplies distributor PHP Distribution promoted Marc Smith to President, and unveiled a new logo. Founded in 1981, PHP Distribution...
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Trump Imposes Sweeping Reciprocal Tariffs
Effective April 3, President Trump imposed aggressive and far-reaching reciprocal tariffs of between 10% and 48%. In an April 2 address from the White House Rose Garden, which was streamed live,...
View ArticleMSC’s Sales Slide Deepens Amid Lower Industrial Demand in Dec-Feb
Metalworking and MRO supplies distributor MSC Industrial Supply reported its 2025 second quarter financial results on April 3, showing a continued decline in sales for the December-February period,...
View ArticleQXO Provides Update on Beacon Shares Tendered & Timeline
On April 1, QXO extended its all-cash tender offer to acquire the outstanding Beacon Roofing Supply shares and amended the terms of the offer to reflect the previously announced definitive merger...
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Border States Makes Construction Leadership Succession
Electrical supplies distributor Border States appointed Jody Brannock as Senior VP of Construction Core Market, effective April 1. Matt Eddleman Brannock succeeds Executive VP of Construction Core...
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Pharma Distributor Morris & Dickson Acquires Presa Solutions
Pharmaceutical wholesale and specialty distributor Morris & Dickinson acquired Presa Solutions. Terms of the transaction were not disclosed. Irving, TX-based Presa Solutions is a third-party...
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United Flow Technologies Acquires Trio of Manufacturer Reps
Industrial water and wastewater supplies distribution platform United Flow Technologies (UFT) acquired Moss Kelley, Quality Controls and GP Jager. Terms of the transactions were not disclosed....
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Lockmasters Acquires Signals Defense in Maryland
Locks, tools, commercial hardware and specialty doors distributor Lockmasters — a portfolio company of Dominus Capital — acquired Astic Signals Defenses. Terms of the transaction were not disclosed....
View ArticleWho Wins and Loses in the Tariffs New Normal?
As President Trump has long promised, we are now in for a long, protracted series of tariff actions, escalations, pauses, and rescissions. Until a stock market collapse, economic recession, or a...
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NAW Partners with AI Applied Consortium to Boost industry AI Adoption
The National Association of Wholesaler-Distributors (NAW) partnered with AI Applied Consortium (AAIC) to expedite the adoption of AI within the wholesale distribution sector. As part of the...
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McNaughton-McKay Appoints Former AD Exec as Sales & Marketing Leader
Electrical supplies distributor McNaughton-McKay Electric Company appointed Steve Guidry as Executive Vice President of Sales & Marketing. Guidry has more than 30 years of experience in electrical...
View ArticleR.S. Hughes Announces Top Leadership Succession
Industrial and safety supplies distributor R.S. Hughes announced the retirement of CEO Bill Matthews, effective May 1, as well as his successor. The company’s Board unanimously appointed John Mathis as...
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