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hagertysupply.com

Founded Year

1860

Stage

Acquired | Acquired

About Hagerty Industrial Supply

Hagerty is a value-added distributor of Class C Maintenance, Repair, Operating and Production (MROP) supplies to OEMs and construction/trade contractors. Major product categories include fasteners/hardware, tools, abrasives, safety supplies, and other industrial supplies.

Hagerty Industrial Supply Headquarter Location

1506 W Detweiller Dr.

Peoria, Illinois, 61615,

United States

(877) 606-0200

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Latest Hagerty Industrial Supply News

PE-backed WDS acquires Hagerty

Apr 29, 2019

PE-backed WDS acquires Hagerty White Distribution & Supply LLC, a portfolio company of Slate Capital Group, has acquired Peoria, Illinois-based Hagerty Industrial Supply, a provider of maintenance, repair, operating and production supplies to OEMs and construction/trade contractors. No financial terms were disclosed. XLCS was M&A adviser to Hagerty on the transaction. PRESS RELEASE CHICAGO, April 26, 2019 /PRNewswire/ — XLCS Partners, Inc., an independent investment banking firm providing M&A advisory, capital raising, and debt advisory services, is pleased to announce that it served as exclusive advisor to Hagerty Industrial Supply (Hagerty) in its sale to White Distribution & Supply, LLC (WDS), a portfolio company of Slate Capital Group. XLCS Partners advises Hagerty Industrial Supply in sale to White Distribution & Supply Hagerty is a value-added distributor of Class C Maintenance, Repair, Operating and Production (MROP) supplies to OEMs and construction/trade contractors. The Company boasts a broad product inventory of over 20,000 SKUs. Major product categories include fasteners/hardware, tools, abrasives, safety supplies, and other industrial supplies. Services include in-plant storeroom management, bin/crib management services, and complete vendor managed inventory solutions. Hagerty also owns and manages over 50 tech-enabled vending machines within multiple customers’ plants that vend tools, safety supplies, and other products. Hagerty operates out of five Midwest locations including headquarters in Peoria, Illinois. Hagerty Supply is a division of Hagerty Brothers Company. Founded in 1860, Hagerty Brothers Company remains locally owned by fifth and sixth generation descendants of the original founder. Headquartered in Fairbury, Illinois, WDS is an integrated distributor of industrial supplies and MRO products for OEMs, including fasteners, adhesives, packaging, foam, poly, glass, safety, janitorial, and more. Founded in 1984, WDS provides total supply chain management and cost reduction solutions for their customers with 15 locations nationwide. Slate Capital Group is a Baltimore, Maryland based private equity investment group that partners with lower-middle market companies. Slate Capital Group provides liquidity to business owners and growth capital to businesses for further expansion. “We are delighted to join forces with the Hagerty team,” said Erik Ginsberg, Managing Partner of Slate Capital Group. “Hagerty has been putting their customers first since 1860, and our colleagues at WDS share their commitment to service and to excellence. We look forward to a long and successful partnership.” XLCS acted as the exclusive M&A advisor to Hagerty and the transaction was led by Anthony Contaldo, Partner. The transaction was completed March 29, 2019. About XLCS Partners XLCS Partners is an investment banking firm providing advisory services to select clients globally. For 37 years we have been serving clients with our transaction knowledge, creative solutions, selfless insight, and truthful advice. More information is available at www.xlcspartners.com

  • When was Hagerty Industrial Supply founded?

    Hagerty Industrial Supply was founded in 1860.

  • Where is Hagerty Industrial Supply's headquarters?

    Hagerty Industrial Supply's headquarters is located at 1506 W Detweiller Dr., Peoria.

  • What is Hagerty Industrial Supply's latest funding round?

    Hagerty Industrial Supply's latest funding round is Acquired.

  • Who are the investors of Hagerty Industrial Supply?

    Investors of Hagerty Industrial Supply include White Distribution & Supply.

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