Home Surplus Acquires Castle Wholesalers from Three Twenty-One Capital Partners
May 19, 2022
Home Surplus Holdings, a New Jersey-based direct-to-consumer building products retailer, acquired Castle Wholesalers (Castle Wholesalers, Inc. and Castle Wholesalers of Maryland, Inc.), a regional provider of value-priced kitchen cabinets and windows serving the Washington, D.C. and Baltimore markets. The transaction, announced by Three Twenty-One Capital Partners, expands Home Surplus’s retail footprint into Maryland and combines the teams and product assortments across their warehouse superstores.
- Buyers
- Home Surplus Holdings, LLC
- Targets
- Castle Wholesalers, Inc., Castle Wholesalers of Maryland, Inc.
- Sellers
- Three Twenty-One Capital Partners
- Industry
- Building Products
- Location
- Maryland, United States
- Transaction Type
- Buyout
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