Winsupply Inc. created a new company, the Winsupply Acquisitions Group, to be led by Monte Salsman as president. Salsman was previously president of the Winsupply Local Company Group.

“Historically Winsupply has taken an opportunistic approach to acquisitions,” stated board chairman Rick Schwartz. “To continue to meet our growth goals, we recognize the need to become more deliberate in seeking out partners to join the Winsupply Family of Companies.

“Above all, we want to make sure that any potential partner closely matches our culture: highly functional teams that excel at communication, have an entrepreneurial spirit and a clear plan for the future.”

Winsupply’s board also promoted Rob Ferguson to president of the Winsupply Local Company Group to fill Salsman’s former role. Ferguson previously served as operations VP, a role he held since April 2018. He will also be added to the Winsupply Inc. Board of Directors.

In the Winsupply business model, local company presidents and typically several employees own substantial equity in their company. Each of the nearly 600 Winsupply locations is a separate C-Corporation. As equity partner in each company, Winsupply Inc. provides the locations purchasing power, distribution and other support services such as business consulting, accounting, payroll, IT and marketing.

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