Announced
Financials
Tags
Private
Pending
Friendly
Acquisition
Private Equity
Domestic
bathroom
kitchen furniture
kitchen
Household Equipment and Products
United States
Majority
Synopsis
Clearlake-backed PrimeSource, a distributor of fasteners and building materials, agreed to acquire Wolf Home Products, a supplier of kitchen cabinets and building products, from Tenex Capital Management, a private equity firm. Financial terms were not disclosed. "CEO Craig Danielson and his team have created a terrific service model that differentiates Wolf from anyone in their space, and the national footprint and overall scale PrimeSource brings will enable them to expand rapidly. Their leadership in Wolf-branded products, combined with a focus on the high growth markets in and around residential repair and remodel and outdoor living, fits very well with our strategy," Tom Koos, PrimeSource CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.