Transaction Type
Family Owned
A top 30 distributor in the North American industrial supply market. The company participates in the $400+ billion industrial distribution end market and focuses on the highly technical cutting tool and abrasive product category. BlackHawk Industrial serves customers through traditional direct sales, integrated service models and a manufacturing services division.
Value Creation Opportunity
- Pursued an investment strategy alongside a CenterOak Operating Partner, who served as Chief Executive Officer
- Completed 14 total acquisitions of regional distributors to establish a stable, scalable, and nationally recognized platform
- Augmented the management team through outside hires and acquisitions
- Trained and expanded salesforce to focus on integrated cross-selling across the entire platform and customer base
- Launched a strategic initiative to leverage consolidated buying power with vendors and improve gross margins
- Completed enterprise resource planning integration to facilitate more strategic pricing and to eliminate duplicative functional roles within the organization
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