High Road Capital Partners has completed the acquisition of Midwest Wholesale Hardware Co., a national wholesale distributor of commercial door hardware and security solutions. Financial terms weren’t announced.
Founded in 1987, Midwest Wholesale Hardware is a leading value-added wholesale distributor of commercial and institutional door hardware, electronic access control and security products. Based in Kansas City, Missouri, the company also operates distribution centers in California, Florida, Pennsylvania, South Carolina and Texas. Midwest provides expert customer service and offers an extensive inventory of all major brands and hard-to-find components for maintenance and repair applications within the commercial and institutional door hardware market.
High Road’s acquisition of Midwest Wholesale Hardware closed on February 9, 2017. Mr. Schnakenberg led the transaction for High Road and was assisted by Scott Rubino, Principal, and Tom Cassidy, Associate. Monroe Capital provided financing for the transaction. TM Capital Corp. advised the company.
Jones Day has advised High Road Capital Partners in the acquisition with a team led by William R. Stewart Jr. (picture) and Rachel Rawson.
Law Firms: Jones Day;
Clients: High Road Capital;