Winsupply has acquired Milford Companies, a distributor of pipe, valve, and fitting (PVF) and water works products.
Milford Companies has been operating since 1972, supplying materials and rental equipment required for customers’ infrastructure needs, with five locations across Texas, Oklahoma, and New Mexico. The details of the purchase were not disclosed. Sparkstone Capital Advisors and OMM represented Milford Companies during this transaction.
Chase Brown, who currently serves as the COO of Milford Companies, will continue leading the company as President. He is thrilled about joining the Winsupply Family of Companies and looks forward to leading Milford Companies through the next phase of their entrepreneurial journey.
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 to share in the financial risks and rewards of ownership