Bain Capital to acquire Harrington from Nautic Partners.

Transaction Tags

• Private Equity
• Friendly
• United States
• Diversified Industrials
• industrial plastic piping
• Acquisition
• Domestic
• Majority
• Private
• Pending
• Single Bidder

Synopsis

Bain Capital, a private investment firm, agreed to acquire Harrington, a distributor of industrial plastic piping, from Nautic Partners, a middle-market private equity firm. Financial terms were not disclosed. “Our vendors and customers have long recognized Harrington as a leading supply chain partner and technical expert in the specialty distribution sector. As our end markets are benefitting from key macroeconomic trends, we are excited to partner with Bain Capital to accelerate our growth as we continue to support critical industrial sectors across the country,” Dave Abercrombie, Harrington CEO.

Sources