Announced
Financials
Sources
Tags
Acquisition
United States
Private
physical security
Private Equity
Security Equipment
storefront hardware products
Pending
Single Bidder
Synopsis
Gen Cap America, has partnered with management to acquire Mayflower Sales, a Brooklyn-based value-added distributor of premium physical security and storefront hardware products. Financial terms were not disclosed. Mayflower is a value-added distributor of premium products including locks, locksets, access control systems, and door hardware. For decades, Mayflower has provided quality products and personalized service to a variety of customers and end markets including sub-contractors, hospitals, universities, and government institutions. “For three generations, we here at Mayflower have earned our reputation for service and quality because of our uniquely qualified and experienced staff that helps provide solutions for our customers. Nothing about that model will change going forward. We selected Gen Cap based on their long-standing track record of partnering with established management teams to drive continued success.”Paul Swetow, Mayflower CEO.
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