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.
Location
Michigan, United States
Transaction Type
Addon

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