|
 
|
Southeast HVAC News
Winsupply acquires PVF
supplier K&J Supply of Pensacola, Florida.
Winsupply Inc., one of the largest
distributors in the nation, has purchased majority ownership of K&J
Supply, Pensacola, Florida, a distributor of industrial pipe, valves
and fittings that serves the Gulf Coast. The president is Mike
O’Neill, who holds substantial equity in the company that will do
business as K&J Winsupply.
“K&J Supply has been involved in the distribution of pipe, valves
and fittings (PVF) and other industrial products since its inception
in January 1994,” said Roland Gordon, president of Winsupply. “Their
business culture is a great match with Winsupply. By providing
superb service, delivering quality work and retaining excellent
employees, K&J has differentiated itself from its competitors along
the Gulf Coast. From its headquarters in Pensacola and its second
location in Mobile, Ala., K&J serves the heavy industry, dealing
with customers in power generation, pulp and paper, chemical,
petro-chemical and shipyard industries.
Story
continues below ↓
advertisement
| your
ad here
“This acquisition
gives Winsupply an important footprint in industrial PVF in the
Gulf Coast area. We already have four Winsupply plumbing
locations in the same area serving commercial and residential
contractors from Mobile to Fort Walton Beach, Fla.
K&J Winsupply has 30 employees total in the two locations.
In addition to O’Neill, other key managers will be offered the
opportunity to purchase equity in K&J Winsupply. In the
Winsupply co-ownership business model, Winsupply Inc. has
majority equity in each of its locations, while the local
company presidents and sometimes employees own substantial
equity. With this model, local companies have the autonomy and
flexibility to decide how best to meet the needs of the
customers in their markets. Winsupply provides the local company
locations investment capital, sourcing and distribution, and
other support services such as business consulting, accounting,
payroll, IT, training and marketing. The centralized support
allows local operators to focus on their customers, local
markets and products.
About Winsupply Inc.
Winsupply Inc. (www.winsupplyinc.com) is a leading supplier of
residential and commercial construction and industrial supplies
and equipment headquartered in Dayton, Ohio. The privately-held
company has 580 wholesaling locations in 45 states and offers
entrepreneurs the unique opportunity to own a meaningful part of
the local business. Collectively, Winsupply is known as “The
Winsupply Family of Companies” and includes Win-branded
locations, Noland Company, Carr Supply, Security Plumbing &
Heating Supply, and Wyatt Irrigation. In the group are companies
conducting business-to-business wholesale distribution of
supplies and equipment in plumbing and heating; hydronics; pipe,
valves and fittings; HVAC and refrigeration; electrical;
fastening hardware; waterworks and utility; pumps; turf
irrigation and landscape; and fire system fabrication. Follow
Winsupply on Facebook, LinkedIn, and Twitter.
###
|
|
