PCE Serves as Advisor to Grainger

PCE Investment Bankers, Inc. served as the financial advisor to Grainger (NYSE: GWW), North America’s leading broad line distributor of facilities maintenance products, in the acquisition of Imperial Supplies LLC from American Capital, Ltd.  PCE, which offers a full range of investment banking services, is recognized as a mergers and acquisitions specialist and experienced in all market sectors.

“This was an exciting opportunity to work with one of the nation’s leading distribution companies on this strategic acquisition.  Our specialized expertise within the distribution industry and track record of working with private equity owned businesses was an asset that enabled Grainger, the buyer, to supplement its organic growth goals and enhance its abilities to serve its customer base with this acquisition,” said PCE’s Michael Poole.

Imperial is a national distributor of quality maintenance products and aftermarket components for the vehicle and fleet industry.  It is a leading player in the $4 billion fleet maintenance industry, serving that market since 1958.  In 2008, Imperial had sales of $67 million.

About Grainger:

W.W. Grainger, Inc. (NYSE: GWW), with 2008 sales of $6.9 billion, is the leading broad- line supplier of facilities maintenance products serving businesses and institutions in the United States, Canada, Mexico, China, India and Panama.  Through a highly integrated network including nearly 600 branches, 18 distribution centers and multiple Web sites, Grainger’s employees help customers get the job done, saving them time and money by having the right products to keep their facilities running.

About Imperial Supplies LLC:

Imperial Supplies, headquartered in Green Bay, Wisconsin, was founded in 1958.  Imperial serves diverse vehicle and fleet maintenance end-markets with a customer focused sales and service model.  The company currently operates four distribution centers in Green Bay, WI; Charlotte, NC; Dallas, TX; and Reno, NV. 

About PCE Investment Bankers:                 

PCE (www.pcecompanies.com) is a leading investment bank for middle-market companies, offering clients a full range of investment banking services including mergers and acquisitions, ESOPs, business valuations, litigation support, growth capital options, fairness opinions, advisory planning, research and stock-index services.  PCE is experienced in all market sectors and has established several specialty practice areas, including Distribution, Aerospace & Defense, Health Care, Construction & Homebuilding, Manufacturing, and Food.  PCE Investment Bankers is a member of FINRA and SIPC. PCE has offices in Winter Park and Tampa, Fl.

If you have comments or questions about this article, or would like more information on this subject matter, please contact us.
Michael Poole

Investment Banking
mpoole@pcecompanies.com
Orlando Office

407-621-2100 (main)
407-621-2112 (direct)
407-621-2199 (fax)