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May 2019

SINGER EQUITIES ACQUIRES 4-STAR HOSE AND SUPPLY

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Singer Equities, Inc. has acquired 4-STAR Hose and Supply headquartered in Dallas, TX. 4-STAR Hose and Supply distributes and fabricates industrial hose, hydraulic hose, metal hose, composite hose, fittings, valves and pumps out of their locations in Dallas, Fort Worth, Midland, Pleasanton and Cleburne, Texas. The business was founded in 1983 and has been owned by Keith, Kelly and Brent Culhane since 1992. 4-STAR has 70 full-time employees and serves a diverse customer base in the oil/gas, steel, chemical and food, and beverage markets.

All three owners, who have been active in the business, will remain and the business will continue operating under the 4-STAR Hose and Supply name. “Keith, Kelly, Brent and their team have built a profitable business by providing exceptional service throughout Texas and the surrounding region”, stated Sam Petillo, President of Singer Equities. Kelly Culhane stated, “The team at 4-STAR Hose is excited to partner with Singer Equities. We’ll be able to leverage Singer’s scale and product offering to better serve our customers.” Brent Culhane added, “Being part of the Singer family will provide new growth opportunities for 4-STAR and our employees. The addition of our five locations will expand Singer’s footprint in Texas.”

Singer Equities, along with Bishop Lifting Products and Dakota Fluid Power, are wholly owned subsidiaries of SBP Holdings, headquartered in Houston, TX and through its 92 locations provides industrial rubber, wire rope, rigging, fluid power products and services to a broad range of industrial markets throughout North America. More information can be obtained at www.sbpholdings.com and www.singerequities.com.

Sam Petillo Begins Term as NAHAD President

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Sam Petillo Begins Term as NAHAD President

Sam Petillo, president of Singer Equities Inc., was recently elected to serve as president of NAHAD, the Association for Hose and Hose Accessories Distribution.

NAHAD is the only trade association dedicated to the hose industry, whose mission is to promote quality, safety, and profitability amongst leading manufacturers and distributors. Petillo assumes the presidency after serving multiple leadership roles with the association, including on the executive committee, the board of directors, and numerous committees.

“I am honored to be a part of NAHAD and to serve as president this year,” said Petillo. “I served on the NAHAD board both as a manufacturer and a distributor, and I feel I bring a unique perspective on the value NAHAD provides related to networking, education, and most importantly, our commitment to hose safety and the Hose Safety Institute.”