Center Rock acquired Merit.

Center Rock Capital Partners has acquired The Merit Distribution Group, a leading national distributor of paint sundries, flooring products, and related installation supplies. Financial terms were not disclosed. Merit conducts its business under the brand names of Lancaster in the paint sundries industry and EJ Welch in the flooring products and supplies industry. “The Merit team has worked hard to successfully enter new product categories and penetrate new territories. Center Rock’s team demonstrated a deep understanding of our company’s capabilities, product portfolio, and customer centric culture. With Center Rock as our partner, we are eager to pursue further growth via organic initiatives and acquisitions.” Mitch Jolley, Merit’s CEO.