September M&A Roundup: Rexel, Watsco, ORS Lead the Way
Get our rundown of every deal we published during September, along with our updated monthly deal count and breakdown of year-to-date transactions by product category.
October 1, 2026
They’ll be the 10th and 11th deals in 2024 for the infrastructure and industrial supplies distributor.
A solid but unspectacular volume month featured the news of two top electrical distributors combining.
It results in a combined entity that represents more than 700 independent electrical distributors in the United States. Get the full details here.
Gryphon Investors closed its continuation vehicle to infuse new capital into Minneapolis-based distributor Vessco Water.
Combining MDM’s No. 2 and 21 Top Electrical Distributors, it will net Sonepar 23 branches in the southern and southwest U.S. and over 700 associates.
Another active month has 2024 far outpacing 2023’s activity. Get caught up on all of August’s distributor M&A news here.
PE firm Montage Partners invested in the mil-spec fasteners distributor and appointed David Ficadenti as its new CEO.
GMS’ organic sales declined in 1Q25, and it added Florida-based R.S. Elliot Specialty Supply earlier in August.
To be purchased from Florida Cancer Specialists & Research Institute, it enhances McKesson’s integrated oncology platform.
Cheney significantly expands PFG’s presence in the Southeast U.S., along with a Puerto Rico distributor acquired in July.
It enhances the PrimeSource portfolio of branded products and its reach into the home center, lumberyard and specialty retail channels.
Through a new report and an interview with someone close to QXO, MDM gleaned insights about which building materials verticals the splash-making distributor is targeting.
