CHINO, Calif.–(BUSINESS WIRE)–Harrington Industrial Plastics (“Harrington”) is pleased to announce the acquisition of Commercial Industrial Supply (“CIS”), in partnership with CIS’s owner, Ron Heisler.
Commercial Industrial Supply, based in Rock Hill, SC, is a leading distributor of thermoplastic fittings, valves, pipe, consumable filtration, and other products and key suppliers that align closely with Harrington. CIS was co-founded in 2009 by Ron Heisler. Ron began his career in contracting early on and understood the needs and challenges of the industry. His goal was to provide local contractors and other professionals with the highest quality products on the market. Today, CIS is doing just that and more. Ron and his team have built CIS into a highly respected company with a loyal customer base, differentiated inventory breadth and depth, and industry-leading same day fulfilment. CIS has developed a particularly strong position in the online sales channel that has allowed the company to tap an underserved segment of the industry and consistently outgrow the overall market. The acquisition will help accelerate Harrington’s own e-commerce and online lead generation capabilities. CIS serves heavy industrial contractors, individual contractors, OEMs, and end users such as military, industrial plants, labs, and universities.
Dave Abercrombie, CEO of Harrington, said, “Ron Heisler has built an impressive business and we are excited that he and his team are joining Harrington. This acquisition is highly complementary to Harrington’s core products and our key vendors, and there is a very strong culture fit between our two organizations. CIS’s online capabilities align well with Harrington’s vision for the future and will augment our own push into e-commerce. With CIS located outside of Charlotte, we are increasing density in an important and growing region to better serve our customer base. We are thrilled to have closed our second add-on with CIS, and we will continue to selectively evaluate other acquisition candidates to add to the Harrington family.”
Ron Heisler, who will be joining Harrington to drive the combined business forward, said, “Commercial Industrial Supply has enjoyed very strong growth over the last decade. While our organic growth has allowed us to serve a wide range of industries throughout the U.S., our new partnership with Harrington gives us an opportunity to not only expand our footprint but also to bring new products and services to our customers. It was very clear through our conversations with Harrington that they hold the same core values as mine: serve our customers, the amazing employees that make up CIS, and local communities. I’m very excited to watch CIS and Harrington grow together.”
About Harrington
Harrington has been a leading distributor of industrial products for corrosive and high purity applications since 1959. With a national presence, Harrington is a leader in the market for piping and ancillary systems in the movement of liquids and gases in corrosive and high-purity applications. Harrington has achieved above-industry growth for decades through a relentless focus on customer service and bringing expertise to the table for customers and suppliers. Products include tanks, tubing and hose, grating, pumps, valves, filtration, instrumentation, and piping systems in a range of materials and for a wide range of corrosive and high-purity applications. The success of Harrington is built upon a clear set of operating principles which equally value customers, suppliers, and employees. For more information on Harrington visit www.hipco.com.
About Nautic Partners
Nautic is a middle-market private equity firm that focuses on three industries: healthcare, industrials, and services. Nautic has completed over 150 platform transactions throughout its 35-plus year history. Nautic’s strategy is to partner with management teams to accelerate the growth trajectory of its portfolio companies via add-on acquisitions, targeted operating initiatives, and increased management team depth. For more information, please visit www.nautic.com.
Contacts
Allan Petersen
Nautic Partners
Managing Director
401-278-6770
