Announced

Completed

Bain Capital completed the acquisition of Harrington from Nautic Partners.

Synopsis

Bain Capital, a private investment firm, completed the acquisition of Harrington, a distributor of industrial plastic piping, from Nautic Partners, a middle-market private equity firm. Financial terms were not disclosed. “Bob is a trusted voice for our customers, suppliers, and employees, who has been instrumental to Harrington’s growth. This is a significant inflection point for our company and industry in which Bob’s more than thirty years of experience driving innovation in specialty distribution leadership has already proven crucial for our efforts to better serve existing customers and diversify into new sectors. I’m proud to continue partnering with Bob and even prouder knowing that he is a perfect culture carrier and leader for Harrington as it reaches new heights,” Dave Abercrombie, Harrington Vice Chairman.

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