Winsupply Inc., a Moraine-based distributors of housing and construction supplies, has purchased MSI Supply, a Houston-based distributor of pipe, valves and fittings (PFV). Details of the stock purchase were not disclosed.
MSI Supply is a full-line distributor of PVF, flanges, stud bolts, gaskets and fasteners, primarily serving the petroleum and pharmaceutical industries, the Moraine company said in a release.
“MSI Supply is a highly successful company that has grown exponentially, more than 1,200 percent, since 2011 based on projections for this year,” Roland Gordon, president of Winsupply Inc., said in a company release.
In the Winsupply co-ownership business model, Winsupply Inc. has majority equity in each of its locations across the country, while the local company presidents and sometimes employees own substantial equity in the partnership.
Winsupply is a supplier of residential and commercial construction and industrial supplies and equipment. The privately-held company has nearly 600 wholesaling locations in 45 states.