Distribution and Logistics

Client/Company Business Transaction
American Consumer Products, Inc. (Salem, OH) Distributor of keys, knives, gloves and house numbers to hardware retailers Sold to: Vista 2000, Inc. (Roswell, GA)
ATS Industrial Supply Subsidiary (Salt Lake City, UT) of Kennametal Corporation (Latrobe, PA) Independently managed distributor of branded metalworking consumables and related products to industrial manufacturers Sold to: Leveraged Buyout Investing Management (Salt Lake City, UT)
Bindley Western Industries, Inc. (Indianapolis, IN) Pharmaceutical distribution and services company $65,000,000 offering of convertible subordinated debentures
Cal-Van Tools Division (Fremont, OH) of Chemitrol Chemical Co. (Fremont, OH) Manufacturer and wholesaler of custom automotive tools Sold to: Horizon Tools, Inc. (Houston, TX)
Cory Orchard & Turf Division Subsidiary (Indianapolis, IN), of Chemitrol Chemical Co. (Fremont, OH) Distributor of fertilizers and other agricultural and turf products Sold to: Terra International Inc. (Louisville, KY)
Hoosier Wire Inc. (Kendallville, IN) Drawing, stranding, bunching and PVC Insulating, and distributing of wire at five plants in Indiana. Sold to: International Wire Group, Inc. (St. Louis, MO), a portfolio company of Hicks, Muse, Tate & Furst(Dallas, TX)
L.L./Jiroch and J.F. Walker subsidiaries of Spartan Stores Inc. (Grand Rapids, MI) Distributor of products to convenience stores Sold to: The H.T. Hackney Co. (Knoxville, TN)
Manufacturing and Distribution Operation of LESCO, Inc.
(Cleveland, OH)
Manufacturing and distribution operation of largest provider of products for professional turf care segment of green industry. Sold to: Platinum Equity Partners, LLC
(Beverly Hills, CA)
Major Video Concepts Inc. (Indianapolis, IN) a subsidiary of LDI Ltd. (Indianapolis, IN) Distributor of video tapes and video games to independent and chain video rental stores Sold to: Ingram Entertainment, Inc. (La Vergne, TN)
Myers Industries, Inc. (Akron, OH) Manufacturer of polymer products for various markets and leading distributor of tools and supplies for the undervehicle repair industry $100,000,000 placement of senior notes
North Star and A. City Van Co. Subsidiaries (Milwaukee, WI), of Bankruptcy Estate of Grabill Corporation (Chicago, IL) Companies involved in residential and commercial moving and storage. Sold to: Barrett Moving & Storage Co. (Milwaukee, WI)
Park-Ohio Holdings Corp.
(Cleveland, OH)
Diversified manufacturer and distributor. Financial advisory services
Pioneer-Standard Electronics (Cleveland, OH) Distributor of computer systems and electronic components $44,850,000 follow-on offering of common stock
Sharon Fastener Company Division (Milford, MA) of American Consumer Products Inc. (Solon, OH) Distributor of fasteners to hardware retailers Sold to: Pawtucket Fasteners, LP (Pawtucket, RI)
Spring Arbor Distributors (Belleville, MI) Distributor of Christian books Sold to: Ingram Industries, Inc.(Nashville, TN)
Strong Tool Co. Subdisiary (Cleveland, OH) of Kennametal Corporation (Latrobe, PA) Independently managed distributor of branded metalworking consumables and related products to industrial manufacturers Sold to: Mr. Cedric Beckett (Detroit, MI)
The Astrup Company
(Cleveland, OH)
Leading distributor of fabric, hardware and trimmings to the awning, marine and casual furniture industries Sold to: Glen Raven
(Burlington, NC)
United Magazine Company (Columbus, OH) Regional distributor of books and magazines $38,000,000 arrangement of senior secured bank facilities
United Magazine Company (Columbus, OH) Regional distributor of books and magazines $38,000,000 arrangement of senior secured bank facilities
Veteran Supply Company, Inc. Subsidiary (Chicago, IL) of Bankruptcy Estate of Grabill Corporation (Chicago, IL) Wholesaler and retailer of restaurant supplies Sold to: Mr. Leslie Barnard (Chicago, IL)
Volume Services America Holdings d/b/a Centerplate (Spartanburg, NC) Leading provider of food, catering, merchandise, design and facility management services for sports and entertainment venues $300,000,000 initial public offering of Income Deposit Securities