H.I.G. Capital Affiliate Acquires Supply Source Enterprises from Genuine Parts Company

July 1, 2020

An affiliate of H.I.G. Capital completed the acquisition of Supply Source Enterprises, Inc. (SSE), a Cleveland-based manufacturer of branded and private-label personal protective equipment and janitorial, safety, hygiene and sanitation products, from Genuine Parts Company. Funds affiliated with Ares Management Corporation provided financing for the transaction; H.I.G. said it will support SSE’s growth by broadening its customer base, expanding offerings and enhancing services.

Buyers
H.I.G. Capital, Ares Management Corporation (financing)
Targets
Supply Source Enterprises, Inc.
Sellers
Genuine Parts Company
Industry
Manufacturing
Location
Ohio, United States
Transaction Type
Buyout

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