Distribution Strategy Group

The deal adds the 45-year-old Aberdeen formulator and manufacturer to Shrieve’s four-segment distribution platform, deepening its position in energy and industrial end markets.

“Contractor training is critical to advancing the adoption of heat pump technology,” said Steve Scarbrough, senior vice president and general manager of LG Air Conditioning Technologies.

Chris Marlow has led U.S. and Latin America installation products sales at ABB. Before joining ABB, he spent three years at Cerrowire, following more than 18 years in sales leadership at Southwire.

Park Wiseway Supply Group is a wholesale distributor of plumbing, electrical and lighting products operating 17 supply locations and six decorative showrooms across Alabama, Kentucky, Ohio and Indiana.

John Carr said his time as an AFFLINK member shaped his view of what independent distributors need from a collective.

Capstone has set a longer-term target of $100 million in annual revenue and outlined a path to 10% operating profit margins through organic growth, cost leverage, and additional acquisitions.

Founded in 1988, Trading Services International distributes fittings, valves, coils, and other components primarily to HVAC customers.

Under the new framework, a 50% tariff applies to the full value of articles made entirely or almost entirely of steel, aluminum, or copper.

SIMPL uses advanced engineering and artificial intelligence to accelerate pick speed, reduce product handling and increase throughput inside distribution centers.

The acquisition is expected to contribute more than $10 million in net sales in Hillman’s fiscal 2026.