Co-CEO Andrew Dawes prepares for retirement in April 2026 following more than three decades with the electrical supplies distributor.
Staffing Changes
Article
Benco Dental Unveils Corporate Restructuring, New President
“These changes reflect that Benco Dental is more than simply a dental distribution company,” said 1930 Ventures Managing Director Charles Cohen.
Material Handling
Article
Lift Parts Distributor Intella Opens New HQ, DC in Michigan
Intella websites in the U.S., Canada and soon Mexico focus on selling direct to end-users.
Construction
Article
Construction/Industrial Distributor SouthernCarlson Going Private
Truelink Capital plans to support SouthernCarlson’s next phase of growth through a combination of commercial and operational initiatives and strategic M&A.
Grocery & Foodservice Distribution
Article
US Foods & PFG Call Off Talks for Potential Combination
US Foods stands by its ability to deliver growth as a standalone company.
Fasteners
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Optimas Appoints Commercial Development Leader
A veteran hire aims to accelerate the company’s international commercial strategy and support full alignment with product-led, supplier-led led and customer-led growth ambitions.
Association/Buying Group News
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Longtime STAFDA CEO Foley to Step Down as Association Hands Off Management
Foley has been with STAFDA since 1994, and CEO since 2000.
Economic Trends
Article
NetPlus Member Outlook Slips, but Nearly 2 in 3 Still Expect 2025 Growth
While annual sales expectations tracked down slightly overall from midyear, almost 1 in 3 members anticipate 2025 growth of at least high-single digits.
Economic Trends
Article
Metalformers’ Outlook Holds Steady in November Update
Overall economic outlook grew more pessimistic vs. October, while expectations for incoming orders had a solid improvement.
Building Materials/Construction
Article
SRS Distribution Acquires Specialty Wood Products
It gains SRS two locations in Aurora, CO and Kyle, TX and a team of 35 employees.
Building Materials/Construction
Article
Boise Cascade to Acquire Holden Humphrey in Exteriors Boost
New England-based Holden Humphrey is a key distributor of James Hardie siding, along with wood decking and trim products, and has annual sales of about $145 million.
Building Materials/Construction
Article
Home Depot Shares Updates on SRS & GMS Growth
HD provided details on GMS’ early returns upon its September acquisition, as well as longer-term results and outlook for SRS alongside broader Pro performance.

