Latest Sapp Bros. News
Jun 10, 2021
Acquires Sapp Bros. DEF Division to Expand in Rapidly Growing Market June 10, 2021 10:00 AM Eastern Daylight Time MEMPHIS, Tenn.--( BUSINESS WIRE )--Highline Warren, a leader in manufacturing and distribution of automotive maintenance products, announced that it has acquired the assets of the Sapp Bros. diesel exhaust fluid (DEF) division. Sapp Bros. is a leading regional DEF provider from its Omaha, Neb. facility. DEF is an essential ingredient that works to remove impurities from modern diesel exhaust systems, resulting in cleaner emissions and improved fuel economy. “We are excited to add the Sapp. Bros. DEF division to Highline Warren,” said Darcy Curran, CEO of Highline Warren. “Diesel exhaust fluid is a rapidly growing category and a priority for our customers and our company. We look forward to leveraging Sapp’s capabilities and relationships to better serve our customers throughout our unique national platform for liquids manufacturing and distribution. I welcome Sapp Bros. DEF employees and customers to the Highline Warren family.” Andrew Richard, Sapp Bros. CEO, stated, “This transaction allows Sapp Bros. to focus on its core travel center and wholesale petroleum business. Highline Warren is a world class manufacturer and distributor, which makes it an ideal home for Sapp’s DEF division, its employees and our DEF customers. We have had a long and trusted relationship with the Highline Warren team, and we look forward to remaining a long-term customer of Highline Warren in DEF and other categories.” Anthony Cardona, Principal at Pritzker Private Capital, added, “This acquisition strengthens Highline Warren’s capabilities in an important category for the company and its customers. We are pleased to continue our partnership with Darcy and the entire Highline Warren team as they continue to execute on their acquisition strategy.” Memphis-based Highline Warren joined Pritzker Private Capital’s family of companies in November 2020. Acquiring the Sapp Bros. DEF division marks Highline Warren’s seventh acquisition since 2016. Highline Warren will continue to pursue both organic and acquisition-related growth strategies. ABOUT HIGHLINE WARREN: Headquartered in Memphis, TN, Highline Warren is a leading national manufacturer and distributor of consumable and maintenance products with 27 facilities and over 1,200 employees. The company carries over 24,000 products including exclusives such as Mag 1® oil and lubricants, Rain-X® windshield washer fluid, and Prime Guard® products. Highline Warren was formed through the strategic combination of Highline Aftermarket and Warren Distribution and is part of Pritzker Private Capital’s family of companies. For more information, visit HighlineWarren.com . ABOUT PRITZKER PRIVATE CAPITAL: Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services, and health-care sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com .