Center Rock Capital Partners Acquires The Merit Distribution Group

EJ Welch (The Merit Distribution Group) Acquires Multiple Flooring Distributors

January 19, 2022

Building Products

EJ Welch Company, a division of The Merit Distribution Group (a portfolio company of Center Rock Capital Partners), completed the acquisition of Dealer's Supply, Cheney, Inc., Vrooman Carpet, Inc., and certain assets of Gilford-Johnson Flooring. The transactions expand EJ Welch’s footprint across the Central/Upper Midwest, Southern and Mountain States and much of the Southeast, increasing geographic coverage and point-of-sale inventory for flooring and installation sundries.

Group RHI Acquires Merit Benefits Group

January 24, 2020

Financial Services

Group RHI, a national retirement services firm based in Boston, Massachusetts, has acquired Merit Benefits Group, an Oak Brook, Illinois–based third-party administrator (TPA) of qualified retirement plans. The acquisition expands Group RHI's national footprint and adds Merit’s plan design and administration capabilities for 401(k), profit sharing, and defined benefit plans.

Wealth Partners Capital Group and HGGC Invest in Merit Financial Group

December 31, 2020

Financial Services

Merit Financial Group, a hybrid RIA based in Alpharetta, Georgia, received a strategic growth investment from Wealth Partners Capital Group (WPCG) and a group of supporting investors led by private equity firm HGGC. The capital and partnership will support Merit's organic growth and accelerate its M&A strategy to expand its national footprint and advisor partnerships; Merit's management entered into long-term employment agreements and the deal closed December 31, 2020.

Majestic Steel USA Acquires Merit Steel USA

August 18, 2021

Industrial Services

Majestic Steel USA, a privately held steel distributor and processor based in Cleveland, acquired the business assets of Merit Steel USA (legally Merit Ends and Viking Processing Corporation), a West Coast steel service center headquartered in Pittsburg, California, with additional locations in Fontana, CA and Longview, WA. The acquisition expands Majestic's footprint in the Western United States and strengthens its ability to serve customers amid ongoing supply-chain constraints.

Center Rock Capital Partners Acquires Signature Systems Group

May 7, 2019

Manufacturing

Center Rock Capital Partners has acquired Signature Systems Group, a Flower Mound, Texas-based manufacturer of composite ground protection mats and event flooring. Center Rock will partner with Signature's management to accelerate growth, leverage manufacturing expertise, and expand the company's market presence across industrial, military and events end markets.

Mountaingate Capital Invests in MeritDirect

May 29, 2019

Data & Analytics

Denver-based private equity firm Mountaingate Capital has made a private equity investment in MeritDirect, a Rye Brook, New York-based B2B database products and services provider. The investment will fund MeritDirect's organic growth and support strategic add-on acquisitions to expand its data and marketing capabilities.