Paradigm Equity Partners to acquire E&R Industrial from Grainger.

Paradigm Equity Partners, a private equity firm, agreed to acquire E&R Industrial, an industrial company, from Grainger, a broad line distributor. Financial terms were not disclosed. "We are excited about this next stage of growth with Paradigm Equity Partners. E&R Industrial is firmly committed to a smooth transition for our customers, suppliers and team members," Jason D'Souza, E&R Industrial President.