A.H. Harris, a distributor of construction supplies and equipment and a portfolio company of Frontenac, has completed the add-on acquisition of Kenseal Construction Products.
Kenseal is a distributor of waterproofing; sealants; stucco and EIFS (exterior insulation and finishing systems); glass and glazing; and concrete restoration and repair products. Kenseal has 13 stocking locations located along the East Coast and is headquartered in Baltimore (www.kenseal.com).
The Kenseal business will be integrated into A.H. Harris and will operate as a division of the company. Paul McKinnell, the current president of Kenseal, will lead the division.
A.H. Harris distributes building products and equipment used in the heavy/highway, commercial, industrial and residential construction markets. The company has a specific focus on forming and shoring; sitework; concrete repair and restoration; and rebar fabrication. A.H. Harris’ customers include state DOT’s, contractors, large construction companies, municipalities, and homeowners. The company, founded in 1916, has 40 stocking locations from Maine to North Carolina and is headquartered in West Hartford, CT (www.ahharris.com). Frontenac acquired A.H. Harris in June 2015.
“A.H. Harris has made strong progress under our ownership. The addition of Kenseal, which has established an equally impressive track record in the construction sector, will prove transformational and position the combined company for continued growth,” said Michael Langdon, Managing Director at Frontenac. “This combination is consistent with the strategy we identified upon partnering with A.H. Harris, and we are delighted to support this acquisition and future consolidation opportunities.”
Frontenac invests in lower middle-market businesses that operate primarily in the food, industrial, and services industries. The firm was founded in 1971 and is headquartered in Chicago (www.frontenac.com).
© 2016 Private Equity Professional • Private Equity’s Leading News Magazine • 4-28-16