EF Bailey Company
has been acquired by BlackHawk Industrial Distribution
EF Bailey Company has been acquired BlackHawk Industrial Distribution, Inc., a platform portfolio investment of Brazos Private Equity Partners. Goldblum Lentz & Co. represented EF Bailey Company on an exclusive basis, as financial advisor in the aforementioned corporate sale and merger transaction.
The EF Bailey Company is established as one of the premier industrial products distribution companies in the Pacific NorthWest. EF Bailey is located in Seattle, Washington and was founded in 1947. The Company distributes a full line of cutting tools, abrasives, fluids and engineered products along with a wide variety of MRO supplies for the metal working industry.
EF Bailey represents the industry’s foremost product vendors in their respective product categories. The Company distributes products to customers primarily on a regional basis. EF Bailey is perceived as an industry leader in providing technology driven Vendor Managed Inventory solutions to its customers.
BlackHawk Industrial is a relatively new entity formed by Bill Scheller, former CEO of ORS-Nasco and Brazos Private Equity Partners. BlackHawk Industrial is implementing an active buy-and-build strategy in the highly fragmented, $400 billion industrial distribution market.
BlackHawk’s strategy is focused on acquiring top performing middle market size regional businesses. Since October 2010, BlackHawk Industrial has acquired seven leading regional industrial distribution companies including Duncan Industrial Solutions, Rogers Industrial Supply, Fuchs Machinery, Sanders Tools & Supplies, Tool Service Corporation, Kendeco and EF Bailey Company.