JGB Enterprises Inc, a supply chain management and logistics services provider for industrial hose products and services and backed by HCI Equity Partners, has acquired All-Serv Industrial.
All-Serv is a supplier of hose and hose-related accessories for environmental remediations, industrial cleaning and more needs for refinery and petrochemical markets. The deal enhances JBG’s portfolio through complementary products and services. JGB delivers its products to the U.S. Department of Defense, oil and gas, food and beverage, retail, construction and industrial OEMs.
“All-Serv is an incredibly customer focused and market leading distribution platform in an industry where JGB has extensive experience and success,” added JGB President Kevin Kilkelly. “We believe it represents a compelling opportunity to drive operating improvements and geographic expansion. Moreover, we believe that JGB and All-Serv’s complementary businesses will scale nicely, accelerating growth, enhancing each other’s capabilities while fostering an entrepreneurial culture that delivers exceptional customer experience.”
Greenberg Traurig, LLP served as legal counsel to JGB in the transaction.