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Northeast HVAC
News
WinWholesale
acquires Security Supply.
Adds 12 locations serving New York, Massachusetts and
Vermont.
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WinWholesale Inc., headquartered in Dayton, has acquired
Security Supply, of Selkirk, N.Y. The transaction closed April
13. Terms of the purchase were not disclosed. WinWholesale is
one of the nation’s largest distributors of supplies and
materials to residential and commercial construction and
industrial markets.
Security Supply is a wholesale distributor of plumbing, heating
and air conditioning products with 12 locations serving the
lower Mid-Hudson Valley, north through the Adirondack Region of
New York, western Massachusetts and eastern Vermont.
The company will continue to do business as Security Plumbing &
Heating Supply. With the acquisition, WinWholesale now has more than
570 locations in 45 states.
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Kim Willey has been
named president of Security Supply; other current key managers will
assume senior positions at the company. These senior-level managers
will be offered substantial equity in the respective companies at
some point in the future.
“Security Supply has a strong market presence with a solid name and
reputation in New York, Massachusetts and Vermont,” said Jack
Johnston, WinWholesale president. “They have a long history of
building solid customer relationships and providing high quality
products including being the most successful Kohler distributor in
their trading area.
A key component of our
growth strategy is to acquire successful wholesaling companies that
strengthen our presence in key markets and fit well within our
targeted industries. Security Supply is a profitable company with a
solid management team.”
“We are very proud to join the Win Group of Companies,” said Kim
Willey, president of Security Plumbing & Heating Supply. “Being part
of one of the national leaders in wholesale distribution will
further strengthen our presence in our market and propel our future
growth.”
About WinWholesale Inc.
WinWholesale Inc. (www.winwholesale.com)
is a leading supplier of residential and commercial construction and
industrial supplies and materials headquartered in Dayton, Ohio. The
privately-held company has more than 570 wholesaling locations in 45
states and offers entrepreneurs the unique opportunity to own part
of the local business. Collectively, WinWholesale is known as “The
Win Group of Companies” and includes Win-branded locations, Noland
Company, Security Plumbing & Heating Supply, Carr Supply and Wyatt
Irrigation. In the group are companies conducting
business-to-business wholesale distribution of supplies and
materials 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 WinWholesale on
Facebook, Twitter
and
YouTube.
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