Situation
Audax Group retained BlackArch to assist in realizing a return on their investment in Tri-Ed and to find a buyer that would partner with the management team to continue the company’s impressive growth.
BlackArch’s Customized Solution
BlackArch orchestrated a targeted roadshow process with the most likely strategic and financial buyers in order to ensure the market grasped the differentiated capabilities and business model that Tri-Ed represented. BlackArch positioned the company as a “system solution distributor” in a fast-growing market where its value-added services were enabling rapid share gains.
Outcome
Tri-Ed was acquired by Anixter International, a leading global distributor of enterprise cabling and security solutions, for an announced transaction value of approximately $420 million.
Industries:
Distribution
Location:
Woodbury, NY
Transaction type:
Sellside Advisory