Acquisition of GHX Holdings, LLC

Industrial
Acquisition of GHX Holdings, LLC

Summary

Baird served as the exclusive financial advisor to United Central

About

United Central Industrial Supply Company LLC (“United Central”), a portfolio company of American Securities LLC (“American Securities”), recently completed its merger with GHX Holdings, LLC (“GHX”). The combined company is now operating as The United Distribution Group Inc. Terms of the transaction were not disclosed.

As a result of the transaction, The United Distribution Group will become a leader in offering industrial supplies and services, from underground mining products to gasket and sealing products, to end users in the energy and natural resources markets.

United Central is one of North America's premier full line, full service mining and industrial supplies distributors. United Central operates 26 locations in 11 states and Canada, and provides a broad range of maintenance, repair and operating supplies in addition to specialty products and services, including cable, electrical, safety, hydraulics, material handling and gas detection products.

GHX is a leading fluid transfer and sealing products distributor to companies participating in diverse energy and other end markets. GHX offers comprehensive solutions-focused capabilities through three primary product categories: hoses and fittings, gaskets and sealing products, and valves. GHX currently operates 39 locations in the U.S. and Canada.

American Securities, based in New York with an office in Shanghai, is a leading U.S. private equity firm that invests in market-leading North American companies with annual revenues generally ranging from $500 million to $2 billion. American Securities has over $8 billion under management and is currently investing from its sixth fund.

For additional information about this transaction, please contact:

Tom Lange (813) 273-8248
Jason Kliewer (813) 273-8242
Chris Coetzee (312) 609-4913
David Silver +44 (0) 20 7667 8216
Industrial
Acquisition of GHX Holdings, LLC
Date
October 2012
Company
United Central Industrial Supply Company LLC
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

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