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Generational Group Advises ApTex, Inc. in its Sale to MSC Industrial Supply Co.
By Generational Group
08/12/2024
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
Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.
With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.generational.com.