Code Hennessy & Simmons Maintains Dedicated Focus On Distribution Opportunities
Code Hennessy & Simmons LLC continues to maintain a strong focus on its investment efforts in distribution businesses. CHS has a longstanding commitment to the value-added distribution sector as evidenced by our current investments in Kranson Industries, Beacon Roofing Supply, United Central Industrial Supply and Houston Wire & Cable. CHS has also realized attractive returns on its investments in SCP Pool Corporation and Utiliserve.
CHS is one of the most active investors in distribution businesses with a proven track record of building these companies both internally and through add-on acquisitions. CHS’ track record makes us a valuable partner for management teams of distribution companies. CHS also has over $500 million of available equity capital to invest during the next few years and is particularly focused on the following distribution segments:
• Distributors of niche industrial parts or equipment,
with electronic catalog capabilities
• Distributors of specialty consumer products to an independent customer base
• Value-added distributors of packaging materials
• Distributors of specialty building materials
Founded in 1988, Code Hennessy & Simmons LLC is a Chicago-based private equity firm that manages approximately $1.5 billion of capital in four funds. CHS focuses on building shareholder value in middle market companies through strong relationships with management teams and sound investment strategies. CHS targets majority-ownership opportunities in companies valued between $50-$400 million and has completed over 160 transactions in its fifteen year history. The firm will honor standard buy-side arrangements with brokers and investment bankers.