Winsupply Inc., Dayton, Ohio, has acquired Meter Service and Supply Company (Meter Supply), a waterworks distributor.
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Based in Memphis, Tennessee, Meter Supply provides water, electrical, gas and sewer products to government agencies and general contractors.
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Casey Belew, a Winsupply Management Development Training Program graduate, will lead the company as president.
“This strategic move not only strengthens our relationships with vendor partners but also fosters entrepreneurship through the Winsupply ownership model,
perpetuating free enterprise capitalism,” said Greg Holbrock, Winsupply vice president, Mergers and Acquisitions.
In the Winsupply business model, Winsupply is the majority owner of its companies, reflecting its shared-ownership business model in which local entrepreneurs have the autonomy to decide how best to serve their customers and share in the financial risks and rewards of ownership.
Winsupply owns a majority equity stake in more than 650 local companies across the U.S. Collectively, Winsupply is known as “The Winsupply Family of Companies” and includes Win-branded locations, Noland Company, Carr Supply, APCO and other acquired regional suppliers.
Winsupply’s product and service areas include plumbing and heating; hydronics; pipes, valves and fittings; HVAC and refrigeration; electrical; fastening hardware; waterworks and utility; pumps; turf irrigation and landscape; and fire system fabrication.
