Leonard Green and Berkshire Partners Recapitalize Parts Town

Parts Town Acquires Encompass Supply Chain Solutions

April 5, 2022

Logistics & Distribution

Parts Town has acquired Encompass Supply Chain Solutions, a national distributor of OEM repair parts and provider of supply-chain and repair services for home products. Encompass, headquartered near Atlanta and generating roughly $200 million in revenue with ~250 employees and six distribution facilities, was previously a platform in Comvest Partners' portfolio; financial terms were not disclosed.

Berkshire Partners Recapitalizes Fast Growing Trees

September 13, 2021

E-Commerce

Berkshire Partners led a recapitalization of Fast Growing Trees, with Cove Hill Partners participating as a minority investor and Summit Park remaining as an investor/partial seller. Fast Growing Trees is a Charlotte-based direct-to-consumer e-commerce retailer of trees, shrubs and live goods operating multiple branded websites; terms were not disclosed.

Comvest Partners Leads Management-Backed Recapitalization of Encompass Supply Chain Solutions

January 15, 2020

Logistics & Distribution

Comvest Partners has led a management-backed recapitalization of Encompass Supply Chain Solutions, a U.S.-based distributor of OEM repair parts and provider of 4PL, depot repair and reverse logistics services. The capital will support Encompass' growth plans, including technology upgrades and automation to strengthen its parts distribution and supply-chain service offerings.

PT Holdings (Parts Town) Acquires REPA Group from The Riverside Company

January 18, 2022

Logistics & Distribution

PT Holdings LLC, the parent company of Parts Town and a platform backed by Berkshire Partners, has acquired REPA Group, a European leader in spare-parts distribution for professional foodservice equipment. The REPA Group was sold by The Riverside Company; the deal expands PT Holdings' global parts distribution capabilities and strengthens its presence across Europe.

Bain Capital Private Equity Acquires PartsSource from Great Hill Partners

July 20, 2021

Healthcare Services

Bain Capital Private Equity has signed a definitive agreement to acquire PartsSource, a Cleveland-based online marketplace and cloud software provider for medical equipment parts and repair services, from Great Hill Partners. The investment will support PartsSource's growth plans to broaden its solutions portfolio, expand its marketplace platform, and pursue strategic acquisitions and international expansion; financial terms were not disclosed.

Parts Town Acquires Dayton Appliance Parts

April 22, 2021

Logistics & Distribution

Parts Town, the global leader in foodservice equipment parts distribution, has acquired the assets of Dayton Appliance Parts Co., a family-owned Midwest distributor of residential appliance OEM parts. The acquisition brings Dayton’s 12 locations and experienced team into the Parts Town family, with Tim and Bub Houtz remaining in leadership roles to support growth and customer experience expansion in the residential appliance parts market.