{"id":10837,"date":"2023-12-19T15:49:44","date_gmt":"2023-12-19T15:49:44","guid":{"rendered":"https:\/\/www.emr-online.com\/grainger-grainger-announces-agreement-to-sell-er-industrial-sales-inc\/"},"modified":"2023-12-19T15:49:44","modified_gmt":"2023-12-19T15:49:44","slug":"grainger-grainger-announces-agreement-to-sell-er-industrial-sales-inc","status":"publish","type":"post","link":"https:\/\/www.emr-online.com\/grainger-grainger-announces-agreement-to-sell-er-industrial-sales-inc\/","title":{"rendered":"Grainger – Grainger Announces Agreement to Sell E&R Industrial Sales, Inc."},"content":{"rendered":"

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CHICAGO, Dec. 12, 2023 \/PRNewswire\/ — <\/strong>Grainger<\/strong><\/a> (NYSE: GWW), a leading broad line distributor of maintenance, repair and operating (MRO) products serving businesses and institutions, today announced the sale of E&R Industrial Sales, Inc. to Paradigm Equity Partners, a Los Angeles-based private equity firm. <\/strong><\/h1>\n

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E&R Industrial became a subsidiary of W.W. Grainger, Inc. in 2013.<\/p>\n

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“We are excited about this next stage of growth with Paradigm Equity Partners,” said Jason D’Souza, President, E&R Industrial Sales, Inc. “E&R Industrial is firmly committed to a smooth transition for our customers, suppliers and team members.”<\/p>\n<\/blockquote>\n

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Grainger will continue to serve customers with maintenance metalworking products, services and expertise while focusing on its core business of maintenance, repair and operating (MRO) products and services. Customers will continue to have access to E&R’s assortment when purchasing through Grainger, while E&R customers will have access to Grainger’s MRO-leading assortment when purchasing through E&R.<\/p>\n

Details of the agreement were not publicly disclosed.<\/p>\n

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Source<\/span>Grainger<\/span>[vc_icon class=’fntasm’ icon_fontawesome=’fas fa-external-link-alt’]<\/a><\/h5>\n

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EMR Analysis<\/strong><\/h4>\n

More information on Grainger:<\/strong> See the full profile on EMR Executive Services<\/a><\/p>\n

More information on D.G. Macpherson (Chairman and Chief Executive Officer, Grainger):<\/strong> See the full profile on EMR Executive Services<\/a><\/p>\n

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More information on E&R Industrial Sales, Inc. by Paradigm Equity Partners:<\/strong> https:\/\/www.erindustrial.com\/<\/a> + Founded in 1969, E&R Industrial continues to evolve and expand. In August 2013, E&R Industrial joined the Grainger family of companies. E&R\u2019s metalworking knowledge and experience combined with Grainger\u2019s vast assortment of MRO products, helps to bring market leading solutions directly to our customers.<\/p>\n

More information on Jason D’Souza (President, E&R Industrial Sales, Inc. by Paradigm Equity Partners):<\/strong> https:\/\/www.linkedin.com\/in\/jason-d-souza-b28167\/<\/a> <\/p>\n

More information on Paradigm Equity Partners:<\/strong> https:\/\/www.paradigmequitypartners.com\/<\/a> + Paradigm Equity Partners is a Los Angeles-based private equity firm focused on acquiring companies in the lower middle-market. Our experience is working in complex, time sensitive situations where companies benefit from a capital infusion and operational improvements. We focus on sectors where we have experience and seek to partner with management teams with a track record of success and a desire to execute on well-defined margin-expansion and growth initiatives.<\/span><\/p>\n