
Venturi Supply (“Venturi”), backed by the Dallas-based private equity firm Trive Capital (“Trive”), is pleased to announce that it has acquired Cohn & Gregory Supply, LLC (“Cohn & Gregory” or the “Company”). The acquisition expands Venturi’s distribution footprint in Texas, adds complementary Industrial & Commercial markets served and bolsters Venturi’s custom fabrication capabilities.
Established in 1977 and headquartered in Fort Worth, Texas, Cohn & Gregory is a leading distributor of pipes, valves, fittings, flanges (“PVF”) and other industrial products. The Company operates 8 locations across Houston and the North Texas region, primarily serving the industrial manufacturing, food & beverage, refrigeration, semiconductor, data center, and energy infrastructure markets. In addition to a broad product suite of over 10,000 SKUs, the Company offers custom fabrication capabilities.
“Partnering with Cohn & Gregory presents a unique opportunity to significantly expand our scale and offering, and we are eager to collaborate with their talented team as we drive the next phase of Venturi’s growth.” said Michael DiMino, Chief Executive Officer of Venturi. “The addition of Cohn & Gregory, strategically located in Texas, enables us to significantly enhance our distribution operations in our Industrial & Commercial segment, while fostering new customer relationships in an attractive region with sustainable demand tailwinds.”
“The acquisition of Cohn & Gregory is a pivotal step forward in Venturi’s path to becoming a scaled, diversified wholesale distributor with a national presence, a comprehensive product offering and a customer service model centered on responsiveness and flexibility,” said Jared Reyes, Managing Director at Trive. “Further, the integration and cross-sell of the Company’s advanced fabrication progresses our strategy of growing Venturi’s value-added capabilities in order to provide a one-stop solution to customers.”
“We are impressed with the scale, customer base and market positioning that the Cohn & Gregory leadership team has established in Texas. The Company’s reputation for providing quality and exceptional service aligns well with Venturi’s strategy of serving as a valued supply chain partner to its customers,” said Blake Bonner, Partner at Trive. “We look forward to building on Cohn & Gregory’s legacy as we work together to share best practices and cross-sell its robust offering across the Venturi family of companies.”
King & Spalding LLP served as legal counsel to Trive and Venturi.
HamptonRock Partners served as financial advisor, and Winston & Strawn LLP served as legal counsel to Cohn & Gregory.
About Venturi Supply
Headquartered in Phoenix, Arizona, with 50 locations across the U.S., Venturi Supply is a distributor of pipe, valves, fittings, engineered products, and industrial supplies serving end users across a variety of mission-critical end markets. Venturi’s family of brands will serve customers primarily across the Industrial & Commercial, Fire Protection & Life Safety, and Energy & Infrastructure segments:
- BPS Supply Group, a Bakersfield, CA-based distributor of PVF and engineered products into industrial, commercial, food and beverage processing, and energy markets across the Western U.S., Texas and North Dakota
- Producers Supply Company, an independent industrial supplies distributor based in Waynesburg, PA, serving the energy, infrastructure, and manufacturing sectors within the Appalachia, Bakken, and Mid-Continent regions
- Tri Star Industrial, a Phoenix, AZ-based distributor of industrial pipe, valves, and fittings serving the Western and the Southwestern U.S.
- Ameripipe Supply, a Dallas, TX-based value-added designer, fabricator, and distributor of pipe, valves and system components installed in fire protection systems, serving customers in the Southern and Southeastern U.S.
- Industrial & Construction Enterprises, a Washington, NC-based distributor of PVF, industrial supplies, and safety products serving the Southeastern U.S.
- Albuquerque Pipe & Pump Supply, an Alburquerque, NM-based distributor of PVF and other industrial products serving the mechanical, semiconductor, waterworks, pulp and paper, and utility sectors in the Southwestern U.S.
- Monumental Supply Company, a Baltimore, MD-based distributor of PVF and other specialty products serving the federal, education, medical, utility, and manufacturing sectors in the Maryland and Northern Virginia markets.
- Cohn & Gregory Supply LLC, a Fort Worth, TX-based distributor of PVF and other industrial products serving the industrial manufacturing, food & beverage, refrigeration, semiconductor, data center, and energy infrastructure markets.
Learn more about Venturi Supply and its product and service offering at www.venturisupply.com.