Winsupply Inc. has acquired Houston-based MSI Supply. Details of the stock purchase were not disclosed.

Founded in 1999, MSI Supply distributes fasteners, stud bolts, PVF, flanges, and gaskets for the petroleum and pharmaceutical industries. As a Winsupply company, MSI Supply will remain under the leadership of Chad Smith, who has managed the company since 2011 when he became a co-owner. Web: msisupply.com

“MSI Supply is a highly successful company that has grown exponentially, more than 1,200 percent, since 2011 based on projections for this year,” stated Winsupply president Roland Gordon.

“Chad Smith realized that to continue their extraordinary upward path they needed a strong equity partner with the capital and support resources to grow.”

Smith, who was previously a mission design engineer with NASA, will invest equity in MSI Supply and continue to have autonomy as president and entrepreneur.

Founded in 1956, Dayton, Ohio-based Winsupply supplies construction and industrial supplies and equipment headquartered in Dayton, Ohio. The privately-held company has nearly 600 wholesaling locations in 45 states. Web: winsupplyinc.com