Center Rock buys Merit
Summary
Center Rock Capital Partners has acquired Spartanburg, South Carolina-based Merit , a distributor of paint sundries, flooring products and related installation supplies. CHICAGO, IL and BLOOMFIELD HILLS, MI — April 4, 2019 — Center Rock Capital Partners, LP (“Center Rock”) is pleased to announce that it has acquired The Merit Distribution Group, LLC (“Merit”), a leading national distributor of paint sundries, flooring products, and related installation supplies. With an extensive geographic reach and sophisticated systems, Merit meets its customers’ critical supply chain needs more efficiently and effectively than its competitors,” said Ian Kirson, Partner at Center Rock. Center Rock Partner Terry Theodore added, “Mitch and his team have demonstrated an unwavering commitment to Merit and have done a tremendous job growing their business. The Merit Distribution Group is a leading national distributor of paint sundries, flooring products, and related installation supplies.