Nautic Partners, a middle-market private equity firm, completed the acquisition of Vallen North America, a provider of indirect industrial supplies, from Sonepar Group, a provider of electrical products, solutions and related services. Financial terms were not disclosed. "Vallen is led by CEO Chuck Delph and a deep management team. We are excited about Chuck and the team’s ability to accelerate the business’ growth trajectory in the coming years, and are thrilled to partner with them to support the company’s future efforts. Additionally, we are excited to add another industrial distribution investment to our portfolio, as well as to lean on our prior experience with corporate carveouts to help Vallen successfully transition to a standalone organization," Chris Pierce, Nautic Managing Director.