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Southeast HVAC News
Winsupply acquires Atlantic Coastal
Supply, North Carolina-based distributor. |
Winsupply Inc., one of the largest
distributors in the nation, has completed the purchase of Atlantic
Coastal Supply, a specialty plumbing distributor in Greenville,
North Carolina.
Atlantic Coastal Supply focuses on commercial and institutional
customers including municipalities, schools, hospitals and prisons.
We are very excited that John Meeks, president of Atlantic Coastal
Supply, will remain president. John, along with other key employees,
plan to make a significant investment in the company. The Winsupply
business model is built on creating successful partnerships with
local entrepreneurs in which each location has a team co-owners
along with Winsupply Inc.
Atlantic Coastal Supply, owned by John
Meeks and his sister Lea Meeks-Blinson, was founded in 1992 by their
father.
Story
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“We welcome another
great family-built business to Winsupply,” said Monte Salsman,
president of Winsupply Acquisition Group. “We are very enthusiastic
and honored to have John and Lea join our team. It’s clear why
they’ve been so successful. They are great people with a strong
commitment to do the right thing for their customers, their
employees and their vendors.”
In the Winsupply business model, Winsupply is the majority owner of
its companies, reflecting its shared-ownership business model in
which local entrepreneurs have autonomy to decide how best to serve
their customers, and to share in the financial risks and rewards of
ownership.
About Winsupply Inc.
Winsupply Inc. (www.winsupplyinc.com) is a leading supplier of
residential
and commercial construction and industrial supplies and equipment
headquartered in Dayton, Ohio. Known as “The Winsupply Family of
Companies”, the privately-held company has collective sales of $4.2
billion
among 620 wholesaling locations in 45 states. Winsupply offers
entrepreneurs the unique opportunity to own a meaningful part of the
local business. Companies include Win-branded locations, Noland
Company, Carr Supply, Security Plumbing & Heating Supply, Wyatt
Irrigation, Electrical Sales, Inc., Tacoma Electric and APCO.
Winsupply’s companies conduct business-to-business distribution of
plumbing, industrial pipe, valves and fittings, HVAC, electrical,
waterworks and other supplies. Follow Winsupply on Facebook,
Twitter, LinkedIn, YouTube and Instagram.
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