Generational Group Advises ApTex, Inc. in its Sale to MSC Industrial Supply Co.
August 12 2024 - 1:51PM
Business Wire
Generational Group, a leading mergers and acquisitions advisory
firm for privately held businesses, is pleased to announce the sale
of its client, ApTex, Inc., to MSC Industrial Supply Co. The
acquisition closed June 6, 2024.
Located in Waukesha, Wisconsin, ApTex, Inc., specializes in
production-oriented industrial distribution, offering cutting
tools, abrasives, metalworking fluids, and workholding systems. As
a highly technical metalworking distributor, ApTex emphasizes
value-added services and solutions designed to optimize cost
savings throughout the entire production process for their
customers.
MSC Industrial Supply Co. is a leading North American
distributor of metalworking and maintenance, repair, and operations
(MRO) products and services. With over 75 years of experience, MSC
offers more than 1.5 million products, including inventory
management and supply chain solutions, to help businesses improve
efficiency and reduce costs. The company is committed to delivering
exceptional customer service and innovative solutions tailored to
meet the unique needs of its diverse clientele.
MSC President and Chief Executive Officer Erik Gershwind said
“We are thrilled to welcome ApTex into the MSC family. ApTex will
strengthen our position to gain share in the surrounding Wisconsin
area by combining ApTex’s deep technical expertise with MSC’s
best-in-class metalworking offering. This acquisition is a
testament to our differentiated M&A strategy that is strongly
supported by our healthy balance sheet and cash flows.”
Dean Meier, President of ApTex, said “As we join the MSC family,
we look forward to combining our technical expertise and
solution-driven approach with MSC’s expanded product offering to
drive further cost savings for customers.”
Generational Group Executive Managing Director of M&A -
Central Region, Michael Goss, and his team, led by Generational
Group Affiliate, Steve Dinehart, supported by Vice President,
M&A, Lance Thomasson, closed the deal. Senior Managing
Director, David Pickard established the initial relationship with
ApTex, Inc.
About Generational Group
Generational Group, headquartered in Dallas, is a leading,
award-winning, full-service business advisory firm. With more than
350 professionals located throughout 17 offices in North America,
the company helps business owners release their business’ wealth by
providing growth consulting, merger, acquisition, and wealth
management services. The Generational suite of advisory services
includes strategic growth consulting, exit planning education,
business valuation, value enhancement strategies, M&A services,
digital services, and wealth management. For more information visit
generational.com.
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Jenna Gaston 469-694-8764 jgaston@generational.com