Deacon Industrial Supply Company

Private | Merger | The Macomb Group

Distributor of pipe, valves, fittings, and other related products and services to a diverse base of industrial, commercial, and utility customers

Case

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to Deacon Industrial Supply Company (“Deacon” or the “Company”) on its merger with The Macomb Group (“Macomb”).

April 2023
Deacon Industrial Supply Company
Merger with The Macomb Group
Sector: Industrial
Delancey Street Partners served as the exclusive financial advisor to Deacon

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to Deacon Industrial Supply Company (“Deacon” or the “Company”) on its merger with The Macomb Group (“Macomb”).

About

April 2023
Deacon Industrial Supply Company
Merger with The Macomb Group
Sector: Industrial
Delancey Street Partners served as the exclusive financial advisor to Deacon

Situation

Deacon is a leading distributor of pipe, valves, fittings, and other related products and services to a diverse base of industrial, commercial, and utility customers across the Mid-Atlantic region. Founded in 1963, Deacon is headquartered in Harleysville, a suburb of Philadelphia, with additional branches located in Marcus Hook and Camp Hill, Pennsylvania. Deacon provides its customers with timely service and value-added capabilities with its 150,000 square foot state-of-the-art distribution facility.

The Macomb Group is a leading wholesale distributor of pipe, valves and fittings. Founded in 1977, the company now has 22 service branches and almost 600 employees in eight states including Michigan, Indiana, Kentucky, North Carolina, Ohio, Pennsylvania, South Carolina, and Tennessee. The Macomb Group serves a diverse mix of end markets, including automotive, food and beverage, general manufacturing, hospitals, schools, power plants, and general industry.

Delancey Street Partners is an independent, industry-focused investment bank. We serve CEOs, Entrepreneurs, Shareholders and Boards of Directors of high growth and middle market private and public companies. Our services include strategic advisory, capital raising and independent board advice. We advise on sell-side and buy-side M&A, growth capital financings, and recapitalizations. Our focus sectors include Healthcare, Business & Technology Services, Industrial & Industrial Technology, and Infrastructure. We form long-term partnerships with our clients and commit to managing each engagement with senior professionals who bring years of experience and insight.

For additional information about this transaction, please contact:

B. Andrew Schmucker

Managing Partner Phone: (484) 533 – 6313

B. Andrew Schmucker

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