Freeman Spogli & Co. Acquires Galco Industrial Electronics
February 4, 2020
Freeman Spogli & Co., together with Galco management and other investors, has acquired Galco Industrial Electronics, Inc., an e-commerce driven MRO-focused distributor headquartered in Madison Heights, Michigan. CEO Mike Conwell and the existing management team will continue to lead the company; financial terms were not disclosed. Freeman Spogli said it will support Galco's next phase of growth and strategic expansion.
- Buyers
- Freeman Spogli & Co., Galco management, Other investors
- Targets
- Galco Industrial Electronics, Inc.
- Industry
- Industrial Services
- Location
- Michigan, United States
- Transaction Type
- Buyout
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