Morrison Supply Company

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Morrison Supply Company - overview

Established

1917

Location

Fort Worth, TX, US

Primary Industry

Logistics & Distribution

About

Morrison Supply Company is a leading distributor specializing in plumbing, HVAC, and kitchen and bath products, dedicated to serving trade professionals with high-quality solutions. Morrison Supply Company, headquartered in Fort Worth, US, was founded in 1917 and operates as a supplier in the plumbing and HVAC sectors. The company was acquired by Advent International in a majority stake deal in November 2011, with financial terms undisclosed. Morrison Supply Company provides a wide range of plumbing fixtures, HVAC systems, and kitchen and bath products tailored for contractors, builders, and maintenance personnel.


Their digital platform enhances operational efficiency by offering real-time product information and order management capabilities, serving a diverse clientele across various markets in the US. Morrison Supply Company generates revenue through a B2B and direct-to-consumer model, leveraging both retail locations and an online platform. They facilitate sales of various products, including plumbing fixtures and HVAC solutions, designed to cater to both professional clients and individual consumers, promoting an adaptable sales environment. Morrison Supply Company aims to expand its product offerings and geographic reach.


Future initiatives may include launching new plumbing and HVAC products designed for enhanced efficiency. The focus will be on specific growth markets in the US, with the aim to implement these strategies in the coming years. Proceeds from the recent funding round will be utilized to support these growth initiatives.


Primary Industry

Logistics & Distribution

Sub Industries

Electrical, Plumbing & Hardware Distributors

Website

www.morsco.com

Verticals

Wearables & Quantified Self

Total Amount Raised

Subscriber access only

Morrison Supply Company - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedKiva Kitchen & Bath Holdings, LLC-
BuyoutCompletedMorrison Supply Company-

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