Lockmasters (Dominus Capital Portfolio) Acquires JLM Wholesale
February 6, 2024
Lockmasters, a Dominus Capital portfolio company, acquired JLM Wholesale, a specialty wholesale distributor of commercial door hardware and security solutions, effective January 31, 2024. The add-on expands Lockmasters' distribution footprint with three additional locations (Oxford, MI; Plano, TX; Charlotte, NC), broadens its commercial hardware portfolio, and supports the firm's buy-and-build growth strategy under Dominus.
- Buyers
- Lockmasters, Inc., Dominus Capital, L.P.
- Targets
- JLM Wholesale, Inc.
- Sellers
- Annette Baldwin and the Mirku and Baldwin families
- Platforms
- Lockmasters, Inc.
- Industry
- Building Products
- Location
- Michigan, United States
- Transaction Type
- Addon
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