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Rainier Partners-backed Wilmar completed the acquisition of EZRED.

Synopsis

Rainier Partners-backed Wilmar, a distributor of professional tools, completed the acquisition of EZRED, a designer, manufacturer, and distributor of lighting, tool organization and hand tools for the automotive aftermarket. Financial terms were not disclosed. "Wilmar is thrilled to announce our strategic partnership with EZRED. The company brings leading engineering and product design talent to the platform, which will allow us to accelerate the introduction of new products. We look forward to working with EZRED to bring high-quality products and outstanding customer service to our growing client bases," Ken Hartman, Wilmar CEO.

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