Winsupply acquires Hydrologic Distribution
Continuing its largest year of acquisition investments, Winsupply announced the acquisition of Hydrologic Distribution Company.
Hydrologic Distribution Company joins the Winsupply Family of Companies with 12 locations servicing plumbing contractors throughout the state of Florida. Collectively, the locations have a quarter billion dollars in annual revenue.
"To find a company whose culture aligns so perfectly with Winsupply is a once-in-a-lifetime opportunity," said John McKenzie, president, Winsupply Inc. "I can't wait for customers and contractors in the Florida market to see what we will be able to accomplish together."
Supported by six regional distribution centers around the country, Winsupply has the unique ability to provide each newly acquired location with timely product availability, not previously attainable.
"We couldn't be more excited to join forces with such an incredible company," said Christopher Lynch, president, Hydrologic Distribution Company. "From the moment I first met the Winsupply leadership team, I found a group of hungry yet humble entrepreneurs that believed in honest, good old-fashioned hard work. Winsupply's one-of-a-kind structure positions Hydrologic's current companies to be even more successful going forward."
"Every now and then I meet people and think to myself, that's a Winsupply person but they just don't know it yet. A Winsupply person is entrepreneurial, full of energy, caring and driven to help others succeed," said Monte Salsman, president, Winsupply Acquisition Group. "When I met the team at Hydrologic, this is exactly what I felt. Hydrologic is filled with people who believe what Winsupply believes."
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Kimball Midwest. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Marks, as well as interviews with numerous product and distribution industry experts.
