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MidWest Wholesale Hardware Co.
http://www.midwestwholesale.com/Last activity: 21.05.2017
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Mid-West Wholesale Hardware Co., headquartered in Kansas City Missouri, is a leading, full-service wholesaler and distributor of architecturally specified commercial door hardware, including manual and electronic locks, exit devices, door closers and related specialty items.
Founded in 1980, Mid-West carries the broadest line of commercial door hardware in the industry, including products from more than 40 of the world’s leading manufacturers, such as Schlage, Yale, Corbin Russwin and Von Duprin. Mid-West is the only contract hardware wholesaler in the U.S. that represents both of the world’s leading door hardware manufacturers, ASSA ABLOY and Ingersoll-Rand. Based in Kansas City Missouri, Mid-West serves over 4,300 active customers, primarily commercial hardware distributors, throughout the U.S. Through these strategically located facilities, the company can reach 84% of the U.S. population in two business days or less.
Widely recognized as a pioneer in the wholesale distribution segment, Mid-West is well positioned to continue growing its business by adding new product lines, building out sales and customer development functions, increasing its geographic footprint and network density, pursuing e-commerce initiatives and selectively doing add-on acquisitions.
Sentinel Capital Partners and management acquired Mid-West from BancBoston in a buyout transaction. M&I Bank provided senior debt for the transaction, and Bank of New York provided subordinated debt financing. Sentinel originated, sponsored and negotiated the transaction, arranged the acquisition debt and provided private equity financing from Sentinel Capital Partners III, L.P. Mid-West was sold to a financial buyer in August 2014.
Founded in 1980, Mid-West carries the broadest line of commercial door hardware in the industry, including products from more than 40 of the world’s leading manufacturers, such as Schlage, Yale, Corbin Russwin and Von Duprin. Mid-West is the only contract hardware wholesaler in the U.S. that represents both of the world’s leading door hardware manufacturers, ASSA ABLOY and Ingersoll-Rand. Based in Kansas City Missouri, Mid-West serves over 4,300 active customers, primarily commercial hardware distributors, throughout the U.S. Through these strategically located facilities, the company can reach 84% of the U.S. population in two business days or less.
Widely recognized as a pioneer in the wholesale distribution segment, Mid-West is well positioned to continue growing its business by adding new product lines, building out sales and customer development functions, increasing its geographic footprint and network density, pursuing e-commerce initiatives and selectively doing add-on acquisitions.
Sentinel Capital Partners and management acquired Mid-West from BancBoston in a buyout transaction. M&I Bank provided senior debt for the transaction, and Bank of New York provided subordinated debt financing. Sentinel originated, sponsored and negotiated the transaction, arranged the acquisition debt and provided private equity financing from Sentinel Capital Partners III, L.P. Mid-West was sold to a financial buyer in August 2014.
Location: United States, Missouri, Kansas City
Employees: 51-200
Founded date: 1987
Investors 1
| Date | Name | Website |
| - | Sentinel C... | sentinelpa... |
Mentions in press and media 5
| Date | Title | Description |
| 21.05.2017 | High Road Capital Partners Names Nicholas W. Martino Partner and Eojin Lee VP | High Road Capital Partners, a New York-based private equity firm, today announced the addition of Nicholas W. Martino as Partner and Eojin Lee as Vice President. “I’m pleased to welcome Nick and Eojin to the High Road team,” said Bob Fitzsi... |
| 21.05.2017 | High Road Capital Partners Names Nicholas W. Martino Partner and Eojin Lee VP | High Road Capital Partners, a New York-based private equity firm, today announced the addition of Nicholas W. Martino as Partner and Eojin Lee as Vice President. “I’m pleased to welcome Nick and Eojin to the High Road team,” said Bob Fitzsi... |
| 14.02.2017 | Term Sheet — Tuesday, February 14 | OPEN MIC It’s feedback time. Paid Content Securing the enterprise without boundaries From ExtraHop …Mike Moritz’s op-ed against carried interest, private equity and Stephen Schwarzman: Anon writes: I have become slightly appalled with how s... |
| 14.02.2017 | High Road Capital Completes Midwest Wholesale Buy | High Road Capital Partners (www.highroadcap.com) has completed the acquisition of Midwest Wholesale Hardware (www.midwestwholesale.com),marking the sixth platform acquisition for High Road Capital Partners Fund II. Founded in 1987, Midwest ... |
| 14.02.2017 | High Road Capital Completes Midwest Wholesale Buy | High Road Capital Partners (www.highroadcap.com) has completed the acquisition of Midwest Wholesale Hardware (www.midwestwholesale.com),marking the sixth platform acquisition for High Road Capital Partners Fund II. Founded in 1987, Midwest ... |