Nation's Best Acquires Gambles Hardware

Nation's Best Holdings Acquires Huntington Lumber & Supply Co.

July 15, 2024

Retail

Nation's Best Holdings, a Dallas-based holding company focused on home improvement stores, acquired Huntington Lumber & Supply Co., a Do it Best Home Center in Hazlehurst, Mississippi. The transaction closed July 15, 2024, with the Huntington brothers selling the business and remaining in place to manage operations as part of Nation's Best's roll-up strategy to grow independent hardware and building-supply locations.

CMG Forms Bolster Hardware to Acquire 21 Potters Ace Hardware Stores

June 10, 2022

Retail

CMG Companies (led by Al Bhakta) formed a new portfolio company, Bolster Hardware, and acquired 21 Ace Hardware stores operating as Potters Ace Hardware in Kentucky and Tennessee. The acquisition expands CMG's multi-unit franchise portfolio and diversifies its holdings beyond restaurants into the hardware/retail sector.

CMG (Bolster Hardware) Acquires Potter's Ace Hardware and Multiple Ace Hardware Stores

January 17, 2023

Retail

Texas-based investment group CMG completed a series of roll-up transactions in 2022 that added more than 38 Ace Hardware storefronts across nine deals, including the purchase of 20+ Potter's Ace Hardware locations in middle Tennessee and southern Kentucky and several individual Ace franchise stores (three in Wisconsin and one in Douglasville, Georgia). CMG is combining these assets under a single platform called Bolster Hardware to scale operations, realize efficiencies, and provide succession/liquidity solutions for aging, family-owned sellers.

Nation's Best Acquires Sparr Building & Farm Supply

June 16, 2022

Retail

Nation’s Best has acquired Sparr Building & Farm Supply, a family-owned, four-store lumber and farm supply business serving Central Florida. The acquisition expands Nation’s Best’s presence in the Southeast while Sparr will continue operating under its existing name with its leadership team overseeing operations alongside Nation’s Best.

Rocky's Ace Hardware Acquires Handyman Ace Hardware

April 1, 2022

Retail

Rocky's Ace Hardware, a family-owned Ace dealer headquartered in Springfield, Massachusetts, acquired Handyman Ace Hardware, a nine-store Ace dealer based in Fairborn, Ohio. The transaction closed April 1, 2022 and was advised by Generational Equity; the acquisition expands Rocky's footprint into Ohio.

GiddyUp and Ace Hardware Acquire The Grommet

September 15, 2022

E-Commerce

GiddyUp, working with Ace Hardware, acquired the brand and assets of The Grommet to preserve the curated marketplace for makers and expand its global reach. The deal rescues the shuttered Somerville-based e-commerce curator and aims to amplify distribution and exposure for small-business makers through GiddyUp's marketing channels and Ace’s retail footprint.