Warren Distribution sold to Equity Firm

It's sad when a 98 year old family owned company is sold. Let's hope quality remains a priority.
It looks like a name change is also a possibility now that they will be combined with Highline Aftermarket LLC, a distributor of automotive aftermarket products.
 
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Or Warren could be doing well with the books, and the new ownership firm leaves them alone. It happens a lot, but we tend to only hear about the vulture jobs. Not saying this is true, but the management at WD could be top heavy and the PE firm recognizes this with plans to trim some excess.

Lots of equity firms have majority and minority ownership in other companies. It's an investment for them, like a savings account or property to us.
 
Consolidation is the name of the game. Winners and losers. The only constant is change.
When I started in Semiconductor Manufacturing, there were well over 100 companies.
Now it's Applied Materials, Lam Research and KLA-Tencor, plus a very few far smaller players.
And the smaller players are owned by a parent.
 
Big news for anyone in the installer market.
I can tell you that fill rates, delivery times, and customer service have all taken a hit
when dealing with Highline (PrimeGuard) or Service Champ in the past few years.
 
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