Hisco, Inc.
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Hisco, Inc. - overview
Established
1971
Location
Houston, TX, US
Primary Industry
Logistics & Distribution
About
Based in Texas, US, and founded in 1971 by Paul Merriman, Hisco Inc. operates as a distributor of electronic and electrical production and assembly products. In March 2023, Distribution Solutions Group, Inc. , a portfolio company of LKCM Headwater Investments, agreed to acquire Hisco, Inc.
for USD 269. 1 million, which includes USD 100 million in equity, and with a potential additional earn-out payment of up to USD 12. 6 million, subject to Hisco achieving certain performance targets. The firm’s customers include industries in the aerospace, medical automotive, E-mobility, and other general industries.
The company’s suppliers include All-Spec, Alpha, 3M, Akzo Nobel, Loctite, etc. The firm’s products include soldering materials, chemicals, soldering/desoldering equipment, adhesives, coatings, ESD/Static control products, packaging, workstations, seating, lighting, assembly hand tools, material handling, etc. Hisco also offers other related services including vendor-managed inventory, on-site personnel, contract warehousing, temp-controlled storage, custom adhesives down-packing, custom labeling and kitting, e-commerce solutions, and other related products and services.
Current Investors
Distribution Solutions Group, Inc.
Primary Industry
Logistics & Distribution
Sub Industries
Warehouses, Electrical, Plumbing & Hardware Distributors, Packaging
Website
www.hisco.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Hisco, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Hisco, Inc. | - |
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