Banner Solutions, a wholesaler of security opening hardware products—backed by private equity firm Tailwind Capital—has acquired the wholesale division of Builders’ Hardware & Supply Company based in Seattle.
Merging Builders’ Hardware’s wholesale customers and product offering into the Banner Solutions platform will enable a greater level of service in a growing market, according to the company.
“Builders’ Hardware has built a tremendous reputation for solving their customers’ problems,” says Brendan Deely, president and CEO of Banner Solutions. “This focus aligns perfectly with Banner Solutions’ commitment to going above and beyond to deliver solutions. By adding Builders’ Hardware to the Banner Solutions family, we’ll continue elevating the customer experience while fully covering a strategic area of growth in the United States.”
“For six decades, Builders’ Hardware has served customers as a showroom, contract hardware distributor and a wholesaler,” adds Aaron Davis, vice president of the wholesale division at Builders’ Hardware, who will remain in his current role. “In moving our wholesale business to the Banner Solutions platform, we better align our services to deliver more for our customers. Builders’ Hardware’s contract hardware and showroom businesses will remain focused on delivering services that raise the bar for their respective customers. We’re excited to join a team so focused on changing the game in the wholesale layer of the industry.”
This acquisition marks Banner Solutions’ sixth as a platform, and first under Tailwind Capital.