Painters Supply & Equipment Co. announced that it has completed the acquisition of substantially all of the operating assets of Northern Indiana Paint Supply Inc.
The acquisition increases Painters Supply & Equipment’s footprint in the Northern and Central Indiana market. Founded in 1982, Northern Indiana Paint Supply is a family-owned PPG Platinum Distributor that operates three Indiana stores in Fort Wayne, Osceola and Warsaw.
“We are excited to welcome the Northern Indiana Paint Supply team members to the PSE family,” said Patrick Mayette, president and CEO of Painters Supply & Equipment. “Northern Indiana Paint Supply has a long history of providing industry-leading products and services in the Indiana market, which will only be strengthened as they join the PSE team.”
Founded in 1952 and headquartered in Taylor, Mich., Painters Supply & Equipment has grown to 25 branch locations across Michigan, Ohio and Indiana. The company serves more than 4,000 customers, including collision repair shops, auto dealerships, fleet operators and various other commercial and industrial accounts. Painters Supply & Equipment is a PPG Platinum Distributor and maintains strong market share across its footprint.
“We are pleased to add another strategic acquisition to the PSE portfolio,” Mayette said. “We continue to focus on being an active acquirer of strategic distributors in both the Midwest and nationally in 2018 to support our aggressive growth goals.”
