AD – AD announces intent to acquire supplyFORCE
Wayne, PA – Subject to supplyFORCE Shareholders and AD Board of Directors approvals, AD announced that the AD LLC and supplyFORCE Boards have signed an exclusive Letter of Intent for AD to acquire supplyFORCE.
Bill Weisberg, AD Chairman and CEO, shared:
“AD exists to provide strong independents with a vehicle to collaborate efficiently on discreet matters where collaboration with fellow independents is necessary and beneficial. Over the years, AD has expanded well beyond typical buying group functions to offer a broad and optional menu of innovative programs and services. A program to enable the efficient collaboration of independents with national accounts is a natural addition to that portfolio. We are honored and excited to have the opportunity to utilize supplyFORCE and the good people who work at supplyFORCE, as the foundation of that service.”
John Harman, President of The Kendall Group and supplyFORCE Chairman, added:
“As we look to the future, Independents will require increasingly more complex and technically advanced solutions that allow Independents to compete in a seamless and cost-effective manner servicing large, multi-site customer opportunities. AD is well positioned to make the necessary investments to enable its membership to compete more effectively across the network. Their multi-divisional strategy will allow supplyFORCE to expand into new markets and provide broader capabilities than Independents have today. We are investing in our future.”
AD and the supplyFORCE Boards are actively working through a due diligence process. The transaction is subject to customary closing conditions and necessary shareholder and Board approvals and is expected to close during the third quarter in 2026.
SourceAD
EMR Analysis
More information on AD – Affiliated Distributor: See the full profile on EMR Executive Services
More information on Bill Weisberg (Chairman and Chief Executive Officer, AD): See the full profile on EMR Executive Services
More information on Drew Moyer (Chief Financial Officer, AD): See the full profile on EMR Executive Services
More information on supplyFORCE: https://mysupplyforce.com/ + supplyFORCE delivers multi-category MRO (maintenance, repair, and operating) supply chain solutions to Fortune 1000 companies. Our member network of 200+ distributors with more than 2500 branch locations, support each customer plant location with local inventory and best-in-class services at the lowest total cost.
supplyFORCE offers the most complete MRO (maintenance, repair, and operating) solution in the industry. Our member network of 200+ distributors support each customer plant location with local inventory and best-in-class services at the lowest total cost.
All supplyFORCE member distributors are also members of AD and/or Rockwell Automation authorized distributors.
More information on John Harman (President, The Kendall Group + Chairman, supplyForce): https://www.linkedin.com/in/jharman67/
More information on George Allison (Interim Chief Executive Officer, supplyForce): https://mysupplyforce.com/who-are-we/ + https://www.linkedin.com/in/george-allinson-6a0b9b5/
More information on The Kendall Group: http://kendallgroup.com/ + The Kendall Group is a 100% employee-owned wholesale supply partner serving manufacturers, contractors, and utilities across the Midwest, Northeast, and Southeast regions of the United States. Comprised of eight divisions with over 75 locations, the company specializes in electrical, automation, pipe, valve, and fitting products.
More information on John Harman (President, The Kendall Group + Chairman, supplyForce): https://www.linkedin.com/in/jharman67/
EMR Additional Notes:
- Due Diligence:
- Due diligence is a comprehensive investigation, review, or audit conducted before entering into a significant business, financial, or legal transaction to verify information, assess risks, and support informed decision-making.
- It is commonly performed before mergers and acquisitions (M&A), investments, joint ventures, financing transactions, major contracts, and strategic partnerships.
- Core Objectives
- Identify Risks: Uncover financial, legal, operational, regulatory, tax, cybersecurity, environmental, or commercial risks, including hidden liabilities or ongoing litigation.
- Verify Information: Confirm that representations regarding revenue, assets, customers, intellectual property, contracts, and operations are accurate.
- Determine Value: Assess the fair value of a company, asset, or investment to support pricing and negotiation.
- Support Transaction Structuring: Help determine warranties, indemnities, conditions, and other contractual protections to include in the final agreement.
- Ensure Compliance: Verify compliance with applicable laws, regulations, licenses, and industry standards.