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BlackHawk Industrial

BlackHawk

Headquarters

Tulsa, OK

Sector

Industrial Growth

Transaction Type

Family Owned

Status

Realized

Description

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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