Announced
Completed
Financials
Tags
Automobiles
Acquisition
United States
Domestic
automotive
Private
Majority
building films
Friendly
Completed
Private Equity
Single Bidder
Synopsis
American Pacific, a private equity firm, completed the acquisiton of Interwest Distribution, a distributor for 3M-branded films. Financial terms were not disclosed. “Both Fellers and Interwest are highly respected distributors in the industry. We saw a real opportunity to bring these two great companies together to create a unique platform that is well positioned in the marketplace. We were further energized when we saw the cultural fit and similar goal mindset among the respective management teams. We look forward to the road ahead and supporting the combined business with the resources it needs to achieve those mutual goals,” Fraser Preston, APG Managing Partner.
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