Announced
Completed
Synopsis
One Equity Partners, a middle market private equity firm completed the acquisition of ORS MEDCO, a wholesaler of maintenance and repair focused non-discretionary and consumable industrial and automotive aftermarket products from Essendant, a supplier of workplace essentials. Financial terms were not disclosed. ORS MEDCO distributes safety and security products, tools, body shop & repair products, welding, paint, chemicals, and abrasives operating through its ORS Nasco, Medco, and Nestor distribution networks. “We are thrilled to become an independent company through our partnership with OEP and believe that we will be able to increase and expand sales to existing and new customers" Chris Kempa, ORS CEO.
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