Parts Now, a portfolio company of CounterPoint Capital Partners, has acquired The Bradshaw Group, a distributor of printer parts and supplies. CounterPoint acquired Parts Now in September 2012.
The Bradshaw Group is a distributor of desktop laser and production printer parts and supplies. The company was founded in 1990 and is based in Richardson, TX (www.bradshawgroup.com).
“The addition of production printer parts and supplies along with a strong regional and international customer base make Bradshaw a perfect addition to Parts Now and the CounterPoint portfolio of companies,” said Matthias Heilmann, CounterPoint partner and CEO of Parts Now.
Parts Now is a distributor of OEM and refurbished consumable printer parts and related accessories. The company sells more than 6,000 products to a range of customers across the US. The company is based in Madison, WI (www.PartsNow.com).
“Parts Now is one of our most inspiring investments. In the short time since our acquisition, the management team has implemented a number of substantial changes to the business. We have been very impressed with the team’s success and look forward to helping them extend that success into new geographies and business lines through integration of The Bradshaw Group,” said Chris Iorillo, Managing Partner.
CounterPoint Capital Partners invest in lower-middle market companies headquartered throughout the United States and Canada with $10 million to $200 million in annual revenues. CounterPoint looks for complex situations caused by operational, succession, or financial challenges within a company or industry. The firm is based in Los Angeles (www.counterpointcp.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 7-8-13
