MSC Industrial Supply Co. has acquired All Integrated Solutions (AIS) from private equity firm High Road Capital Partners for approximately $86 million. The stock purchase transaction closed on April 30.
Franksville, WI-based AIS distributes industrial fasteners and components, MRO supplies and assembly tools for commercial and consumer products. AIS employs 135 workers to serve customers in a region that includes Wisconsin, Minnesota, Michigan, Iowa, Indiana and North Dakota. AIS’s revenue in calendar 2017 was approximately $66 million. Web: allintegrated.com
MSC said it plans to maintain AIS’s operations, extending AIS’s production fastener and VMI services to MSC’s manufacturing customers.
“AIS represents an exciting opportunity to advance MSC’s growth plan. Its assembly and fastener products and specialists extend our expertise and fortify our experienced team of associates in delivering solutions to help customers solve their mission-critical challenges on the plant floor,” said MSC president and chief executive officer Erik Gershwind. “In addition, AIS also complements our robust Class C fastener offering and VMI solutions.”
AIS CEO Jim Ruetz added: “Both organizations make sure the right fasteners and supplies are available when our customers need them without fail. We are looking forward to providing even more turn-key solutions to our customers by leveraging MSC’s vast MRO and metalworking product and solutions portfolio, as well as expanding our reach as a leading distributor of industrial OEM components in the Midwest.”
Founded in 1941, Melville, NY-based MSC Industrial distributes 685,000 metalworking and MRO supplies. Web: MSCDirect.com
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