Posted March 14, 2022

Stellar Industrial Supply acquires Timesaver Industrial

Stellar Industrial Supply has acquired Phoenix, Arizona-based industrial distribution firm Timesaver Industrial.

Stellar Industrial SupplyThe acquisition gives Stellar Industrial Supply additional and stronger market presence in the Arizona area. The acquisition is scheduled to close April 30, 2022. Terms were not disclosed.

“We are ecstatic to build upon the reputation and platform Timesaver has established in the Phoenix area, while extending the Stellar Industrial Supply brand further into this marketplace,” said John S. Wiborg, Stellar Industrial Supply president and CEO. “We will offer a deeper and broader array of supplies and services for MRO, safety supply, metalworking, abrasives and supply chain solutions, with a deep commitment to delivering the exemplary customer service, care, and experience that both companies are known for.” 

As part of the acquisition Stellar will bring on four new teammates, bringing its headcount to approximately 196 companywide.

The acquisition of Timesaver Industrial Inc. marks the ninth by Stellar Industrial Supply over the past 15 years. The company will now have 13 regional branches including: Portland and Albany, Oregon; Everett, Tacoma, Seattle, and Spokane, Washington; Upland and San Luis Obispo, California; Billings, Montana; Phoenix, Arizona; Lawrence, Pennsylvania; Sparks, Nevada; and Tampa, Florida.

“This is an excellent next step for Timesaver Industrial. We look forward to a smooth and seamless transition, and our customers and vendors can expect the same level of honesty, straightforwardness and commitment they have come to know,” said Larry Parrish, president of Timesaver Industrial.