Carr Company Acquires Ludwig, Smith & Walker

US LBM Acquires Walker Lumber & Supply

February 3, 2025

Building Products

US LBM has acquired Walker Lumber & Supply, a Nashville-based building products distributor founded in 1949. The acquisition gives US LBM its first Tennessee location and expands its presence in the Southeast; Walker Lumber's owners Ray Hayles and Scott McMillan will continue to run day-to-day operations. QS Capital Advisors served as Walker's exclusive financial advisor.

The Sterling Group Acquires L&S Mechanical

September 2, 2021

HVAC & Mechanical

The Sterling Group, a middle-market private equity firm, has completed the acquisition of L&S Mechanical, a tri‑trade provider of plumbing, HVAC and electrical installation services headquartered in Richardson, Texas. Sterling said it will partner with L&S management to expand the company’s tri‑trade turnkey model across Texas and into other states and accelerate growth.

Lawson Products Acquires S&S Automotive

May 1, 2024

Logistics & Distribution

Lawson Products, the operating company of Distribution Solutions Group (DSG), has completed the acquisition of S&S Automotive, a Midwest-based automotive and industrial parts distributor headquartered in Woodridge, Illinois. The transaction — funded with DSG cash and its credit facility — will combine S&S with Lawson's Kent Automotive division to expand product offering, vendor-managed inventory (VMI) capabilities and geographic reach; S&S reported approximately $40 million in annual revenue and the deal is expected to be accretive to DSG's adjusted EPS and EBITDA margins.

BUHLMANN Group Acquires Lockwood Partners

April 24, 2023

Industrial Services

The BUHLMANN Group has acquired Lockwood Partners, a Pasadena, Texas–based distributor of valves, pipes, fittings and flanges, effective retroactively from January 1, 2023. The 36-employee business will expand BUHLMANN's presence in the United States—supporting Gulf Coast petrochemical, midstream and downstream customers for MRO and EPC projects.

George & Lynch Acquires Harry Caswell

September 20, 2024

Construction

Dover-based general contractor George & Lynch Inc. has acquired Millsboro plumbing, mechanical and utility contractor Harry Caswell Inc. The deal preserves about 60 Harry Caswell employees and brings founder Harry Caswell on as a consultant as part of an owner retirement/ succession plan.

Sandvik Acquires GWS Tool Group from L Squared Capital Partners

November 22, 2021

Manufacturing

Sandvik AB has agreed to acquire GWS Tool Group from L Squared Capital Partners and GWS management; GWS will be reported within Walter, Sandvik's machining solutions division. GWS, a Tavares, Florida-based manufacturer of made-to-order cutting tools (including PCD tools and taps) with ~490 employees and nearly $100M in revenue, was grown via multiple add-ons under L Squared; the purchase price was not disclosed and the deal is expected to close in Q4 2021.