Wynnchurch Capital acquires ORS Nasco
Wynnchurch Capital, L.P. has acquired ORS Nasco from One Equity Partners.
According to a Wynnchurch press release, ORS Nasco is North America’s largest pure wholesaler of industrial MRO supplies selling to distributors throughout North America. ORS Nasco has a broad product portfolio with over 190,000 SKUs across safety, hand tools, chemicals, welding, abrasives, adhesives and other MRO product categories. ORS’s long-standing relationships with blue-chip suppliers provide critical solutions for customers across a variety of industrial end markets.
Kevin Short, CEO of ORS Nasco, said, “We are committed to providing our diverse customer base with access to industry leading brands and superior service and are excited to partner with Wynnchurch as we continue our next phase of growth. Wynnchurch understands the strong value proposition we provide, and we believe together we can continue to transform the industrial wholesale market.”
Greg Gleason, managing partner at Wynnchurch, added, “As a market leader in industrial MRO wholesale distribution, ORS’s customer-centric focus on delivering best-in-class service in a growing portion of the industry aligns well with our investment philosophy. We are excited to carve ORS out as a standalone platform and partner with Kevin and the management team with the resources to drive significant growth.”
“The Management team at ORS Nasco has done a remarkable job growing the company into the largest pure-play wholesaler of industrial supplies in the country," said Wynnchurch Principal Kevin Hanley. "ORS is uniquely positioned to capture share as OEMs look to consolidate their supply chains and leverage wholesale distribution as a key channel partner. We look forward to working with the ORS Nasco leadership team as the Company continues to execute on exciting organic initiatives and strategic M&A.”
INDUSTRIAL SUPPLY MAGAZINE
The July/August issue of Industrial Supply magazine features an in-depth cover story about Singer Industrial. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Rachael Radford, as well as interviews with numerous product and distribution industry experts.
