High Road Capital Partners has purchased Midwest Wholesale Hardware Co. for an undisclosed amount. Midwest marks as the sixth platform investment for the firm’s second fund, High Road Capital Partners Fund II.
Midwest, based in Kansas City, Missouri, is a wholesale distributor of door hardware supplies. The target also sells electronic access control and security products for commercial and institutional doors. Midwest operates distribution centers in California, Florida, Pennsylvania, South Carolina and Texas. The target plans to expand its geographic presence as part of the deal, according to Ben Schnakenberg, a partner at High Road.