TULSA, OK (April 10, 2023) – BlackHawk Industrial, a market-leading distributor of metalworking and other mission-critical industrial products, announced today the acquisition of Stock’d Supply (“Stock’d”) headquartered in Chattanooga, Tennessee along with its seven other locations in Chicago, IL, Franklin, IN, Lincoln, NE, Louisville, KY, Mocksville, NC, Rock Hill, SC, and Yankton, SD.

Financial terms of the transaction were not disclosed. CIBC US Middle Market Investment Banking acted as exclusive financial advisor to Stock’d Supply in this transaction.

Founded in 1979, Stock’d is a well-respected supplier of fasteners, technical threads, and other industrial products – distinguishing itself as a value-added technical service provider.

The Stock’d Supply operation is an exceptional fit for BlackHawk, expanding its national footprint and increasing proximity to customers with a common product offering and strong focus on technical service.

BlackHawk is accelerating its acquisition activity and bolstering its capabilities by aggressively growing in recent months. Today’s acquisition is just one of several pieces of BlackHawk’s strategy to build the only distributor who is truly, “Big Enough to Serve and Small Enough to Care.”

President and CEO of BlackHawk Industrial, John Mark said, “The BlackHawk acquisition strategy continues to be fueled by our number one priority of saving our customers money and being a catalyst for their success. The addition of the Stock’d team of experts will help power BlackHawk’s promising organic and inorganic revenue growth, broaden our customer base, and offer new and comprehensive services unlike anything we have done in the past.”

“BlackHawk and Stock’d are a perfect combination, and I can’t wait to leverage our strengths to provide increased product offerings and deliver world-class customer service,” said Keith Shope, CEO of Stock’d Supply. “The 101 valued employees at Stock’d will become part of BlackHawk’s industry-leading operating system and have the opportunity to do remarkable things in the future because of this partnership.”

BlackHawk is intent on building more value for industrial manufacturers by expanding into relevant geographic markets to reach more production facilities; expanding its line card to provide more of the products and services end-users value; and investing in new sales channels which improve the effectiveness of its technical sales resources.

BlackHawk distinguishes itself as the number one choice for industrial manufacturers who need technical service and production savings. Known as the “across the production floor” partner, the Company delivers value through product and supply chain performance that lowers the total cost of production. BlackHawk is an Industrial Distributor with locations across the U.S., Mexico, United Kingdom, and the Philippines. It markets nearly three million products from the industry’s top brands with a heavy emphasis on metal-working products. As it plans to continue expanding in the months and years ahead, BlackHawk Industrial is actively seeking opportunities to acquire new partners and integrate them into its industry-leading operating system. Interested parties should contact the acquisitions team at [email protected].

About BlackHawk Industrial
BlackHawk Industrial is a market-leading industrial distributor, focused on metalworking such as carbide cutting tools, abrasives, and saw blades. They also provide a full line of MRO, industrial fasteners, and packaging products. BlackHawk has the expertise and capability to provide custom industrial vending solutions and creative design, build, and supply chain solutions. The highly technical sales staff strives to deliver world-class service and cost savings across the customer’s production floor.

For more information about BlackHawk Industrial visit www.bhid.com

Media Contacts
Laurie Janu
BlackHawk Industrial
1-855-610-1001
[email protected]