Rocky's Ace Hardware Acquires Handyman Ace Hardware

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.

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.

ACE Mt. Washington LLC (Mafaz Ansar) Acquires Stout's ACE Hardware

May 22, 2025

Retail

Stout's ACE Hardware (Stout's Feed Store) in Mount Washington, Kentucky was sold to ACE Mt. Washington LLC, operated by local entrepreneur Mafaz Ansar, with the transaction closing May 22, 2025. The acquisition transfers ownership from the Stout family to Ansar—who already owns ACE Hardware Radcliff—supporting local continuity of service while expanding Ansar's ACE footprint in Kentucky.

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.

Ace Hardware Acquires Unique Indoor Comfort from Grove Mountain Partners

April 12, 2023

HVAC & Mechanical

Ace Hardware has acquired Unique Indoor Comfort Holdings, LLC from Grove Mountain Partners. Grove Mountain built Unique by consolidating a group of regional HVAC, plumbing and electrical service companies; the management team led by CEO Nate Kukla will remain in place as Unique joins Ace's home services strategy.

The Home Depot Acquires HD Supply Holdings, Inc.

November 16, 2020

Transportation

The Home Depot agreed to acquire HD Supply Holdings, Inc. in a cash tender offer valuing the business at approximately $8 billion, with the deal expected to close in late 2020. The acquisition expands The Home Depot's capabilities and distribution footprint in the maintenance, repair and operations (MRO) market—particularly in multifamily and hospitality end markets—and is expected to be accretive to earnings.