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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