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Msc Industrial Supply Co. Acquires Buckeye Industrial Supply Co. And Tru-Edge Grinding Inc.

Jan 11, 2023•over 2 years ago

Acquiring Company

Hypercraft

Acquired Company

BUCKEYE INDUSTRIAL SUPPLY

Provo

Description

MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations supplies to industrial customers throughout North America, today announced that it has acquired Buckeye Industrial Supply Co., an independent metalworking distributor based in Columbus, Ohio, and Tru-Edge Grinding Inc., a St. Henry, Ohio-based custom tool manufacturer.

Company Information

Company

Hypercraft

Location

Provo, Utah, United States

About

Hypercraft believes in a future where creatives and innovators have greater access to the best EV technology. We are positioned to unleash the unlimited performance potential of EV in every motorized industry vertical. The future is powered by Hypercraft.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed