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Gabriele Barr

SINGER EQUITIES ACQUIRES SHIPYARD SUPPLY

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September 3, 2019

Singer Equities, Inc. has acquired Shipyard Supply, LLC headquartered in Metairie, LA. Shipyard Supply distributes and fabricates metal, industrial and composite hose assemblies, fittings, and industrial supplies out of their locations in Metairie, LA, Houston, TX and Mobile, AL. The business was founded in 1992 and serves a diverse customer base in the general industrial, refinery, petrochemical, marine and construction markets.

President and owner Jeff Wickersham, who has been active in the business, will remain and the business will continue operating under the Shipyard Supply name. “Jeff and his talented team have built a successful hose business by providing exceptional service throughout the gulf region and beyond”, stated Sam Petillo, President of Singer Equities. Adding, “This acquisition expands Singer’s product offering and strengthens our presence in the refinery and petrochemical markets in the gulf region.” Jeff Wickersham stated, “Singer is the right partner to support Shipyard’s core values of providing exceptional customer service and world-class products. Singer’s scale and national footprint will help us better serve our customers”.

Singer Equities has 57 locations specializing in industrial and hydraulic hose, conveyor belt, gaskets, and related services.

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 95 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.

SINGER EQUITIES TO ACQUIRE HYDRAULIC HOSE & ASSEMBLIES

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Singer Equities Agrees to Acquire Hydraulic Hose and Assemblies

Singer Equities is pleased to announce an agreement to acquire Hydraulic Hose and Assemblies of Gorham, Maine. Hydraulic Hose and Assemblies, founded in 1984, is a distributor and fabricator of hydraulic and industrial hose and fittings, in-house cylinder repair and a leading provider of snowplow blades and ground engagement tools in Maine and Eastern New Hampshire.

Joe MulCahy, president and co-owner of HH&A comments, “We are pleased for HH&A to become part of the Singer family of companies.  Singer Equities has a great reputation for allowing companies to continue to do what they do best.  We believe this move is in the best interest of the dedicated HH&A employees, and for the long-term success of HH&A”.

Hydraulic Hose and Assemblies will operate as a division of PRC Industrial Supply and managed under Kevin Easler, Vice President and General Manager for PRC.

“Hydraulic Hose and Assemblies has always had a great reputation in our marketplace”, said Kevin.  “As we continue to grow our fluid power footprint in Maine and New Hampshire they will play an integral part in that expansion.  All of us here at PRC Industrial Supply and Stewart Hunt are excited to have them join our group”.

PRC Industrial Supply is a sales and service company, specializing in conveyor belt, industrial hose, and fluid power components. PRC Industrial Supply has locations in Portland and Bangor, ME., and Burlington, MA. (dba Stewart Hunt).

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 89 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.prcindustrial.com, www.singerequities.com and www.sbpholdings.com.

 

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.”

SINGER EQUITIES ACQUIRES QUALITY CONVEYOR SOLUTIONS

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February 1, 2019

SINGER EQUITIES ACQUIRES QUALITY CONVEYOR SOLUTIONS

Singer Equities, Inc. has acquired Quality Conveyor Solutions, LLC (QCS) headquartered in Roanoke, VA.  QCS provides conveyor belt, accessories and field services including installation and mobile maintenance out of their locations in Roanoke, Covington & Richmond, VA, Baltimore, MD, Rocky Mount, NC, and Kingsport, TN.  QCS serves multiple markets including aggregate, pulp and paper, power generation and cement.

The business, founded in 2016, will continue operating under the QCS name.  Owners Aaron Atwell, Bill Bettridge, Junior Purdue, Doug Stanley and Geoff Emery will continue in their key management roles.  Aaron Atwell will be Vice President and General Manager of QCS and merge operations with Virginia Carolina Belting, a division of Singer Equities based in Salem, VA.

Sam Petillo, President of Singer Equities, said “Aaron, Bill and their 37 employees have significantly grown the business in a short period of time.  We are excited to add their knowledge base and conveyor service experience to the Singer family.”  Aaron Atwell said “Unifying QCS and VCB, combined with Singer’s conveyor services out of RW Connection in Lancaster, PA will make us the strongest belt service company in the mid-Atlantic Region.”  Bill Bettridge, VP Mid-Atlantic Region added, “Singer provides us the right cultural fit and support to fuel our expansion in the region and beyond”.

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 86 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.

SINGER EQUITIES ACQUIRES QUALITY CONVEYOR SOLUTIONS

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February 1, 2019

SINGER EQUITIES ACQUIRES QUALITY CONVEYOR SOLUTIONS

Singer Equities, Inc. has acquired Quality Conveyor Solutions, LLC (QCS) headquartered in Roanoke, VA.  QCS provides conveyor belt, accessories and field services including installation and mobile maintenance out of their locations in Roanoke, Covington & Richmond, VA, Baltimore, MD, Rocky Mount, NC, and Kingsport, TN.  QCS serves multiple markets including aggregate, pulp and paper, power generation and cement.

The business, founded in 2016, will continue operating under the QCS name.  Owners Aaron Atwell, Bill Bettridge, Junior Purdue, Doug Stanley and Geoff Emery will continue in their key management roles.  Aaron Atwell will be Vice President and General Manager of QCS and merge operations with Virginia Carolina Belting, a division of Singer Equities based in Salem, VA.

Sam Petillo, President of Singer Equities, said “Aaron, Bill and their 37 employees have significantly grown the business in a short period of time.  We are excited to add their knowledge base and conveyor service experience to the Singer family.”  Aaron Atwell said “Unifying QCS and VCB, combined with Singer’s conveyor services out of RW Connection in Lancaster, PA will make us the strongest belt service company in the mid-Atlantic Region.”  Bill Bettridge, VP Mid-Atlantic Region added, “Singer provides us the right cultural fit and support to fuel our expansion in the region and beyond”.

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 86 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.

SINGER EQUITIES ACQUIRES CONNECTALL LTD

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SINGER EQUITIES ACQUIRES CONNECTALL LTD

Singer Equities, Inc. has acquired Connectall Ltd headquartered in Laval, QC Canada. The business was founded in 1994 and is owned by Frank D’Avola and Michel Bourque. Frank and Michel will remain with the business which will continue operating under the Connectall name.

Connectall is a fabricator and distributor of metal, hydraulic, Teflon, silicone and industrial hoses, as well as, expansion joints and fittings. Connectall serves multiple markets including transportation, HVAC, pharmaceutical, industrial and petrochemical through their Laval, QC and Plattsburgh, NY facilities.

“Frank, Michel and their 27 employees have built a profitable business by providing high-quality products and services to a diverse customer base”, stated Sam Petillo, President of Singer Equities. Adding, “They are a strong cultural fit within the Singer Equities group.” Michel Bourque said, “We are very proud and excited to be part of the Singer group of companies. We have been a successful company and now that we have new ownership, we are enthusiastically looking forward to the opportunities that await us.” Frank D’Avola added, “Singer’s approach to ownership drove our decision to join their family. The advantage of sharing best practices, improved buying power, and their strategic locations will speed our growth and expansion.”

Singer Equities, along with Bishop Lifting Products and Dakota Fluid Power, are wholly owned subsidiaries of SBP Holdings, headquartered in Houston, TX. Through its 76 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.

Bishop Lifting Products Acquires Safeway Slings USA

By | Company Updates, Press Releases

HOUSTON – (April 2, 2018) — Bishop Lifting has acquired Safeway Sling USA, a sling fabrication company headquartered in Greendale, Wisconsin. Safeway Sling USA is a manufacturer of 100% USA made nylon and polyester lifting slings as well as wire rope slings, chain slings, and tie-down assemblies that meet all WSTDA standards.

Safeway Sling USA, Inc. has a proven record of excellence in designing and fabricating 100% USA made lifting slings for 40 years and has gained recognition as the “Gold Standard” for overhead lifting slings.Harold King, President of Bishop Lifting Products, stated that “we are excited with the addition of Safeway Sling to our family of companies. Safeway Sling has a proven track record in our industry of supplying the highest quality synthetic slings with the highest level of service. They will make a great addition to our team.”

Sue Szymczak, President of Safeway Sling USA, added that “We feel that BLP is the ideal fit to carry on our legacy of excellence.”Along with manufacturing synthetic and metal lifting slings, Safeway provides certifying/recertifying services of overhead lifting assemblies with in-house ASTM E-4 calibrated testing capabilities. Bishop Lifting operates 70 test beds throughout their 21 locations with pull test capacities ranging from 100K-1500K metric tons.Bishop Lifting Products, along with Singer Equities, are wholly owned subsidiaries of SBP Holdings. Bishop Lifting is engaged in the fabrication, distribution and rental of wire rope, sling and rigging products and services. Singer Equities specializes in industrial hose, hydraulic hose, conveyor belt and gasket material fabrication and services.

The combined entity has 61 locations throughout North America with over 1080 employees.More information can be found at www.sbpholdings.com, www.safewaysling.com, and www.lifting.com.

SBP Holdings Announces Formal Creation of SBP OnGuard™ Foundation

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We are pleased to announce the formal creation of our SBP OnGuard™ Foundation which would provide funding to designated  associates in the event of a declared natural disaster with contributions and distributions compliant under 501 (c) (3) of the Internal Revenue Code.  The process would allow all contributions to go to individuals affected without income tax consequences and allow donors to deduct contributions for tax purposes.

In an effort to keep administration expenses to a minimum and meeting all non-profit, non-stock corporation mandates, our company will accrue for funding into the account and in the event of such a declared natural disaster, fund the account and open the Foundation for outside contributions to be made and promptly distributed to those in need.

The outpouring of support for our associates adversely affected by Hurricane Harvey in Houston provided the impetus for this SBP OnGuard™ Foundation.

Thank you very much for the support of those in need.

 

Sincerely,

Donald S. Fritzinger

SINGER EQUITIES ACQUIRES FOSTER HOSE AND FITTINGS

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Singer Equities, Inc. has acquired Foster Hose and Fittings headquartered in St. Louis, MO.     The business was founded in 1928 and has been owned by Todd Sacco, Dale Schwartz and Rick Freeman since 2007.   Todd Sacco, who has been active in the business, will remain as Sales and Marketing Manager and the business will continue operating under the Foster Hose and Fittings name.

Foster Hose and Fittings is a distributor and fabricator of industrial hose, metal hose, silicone hose, hydraulic hose, fittings and expansion joints.  Foster serves a diverse customer base in the food and beverage, pharmaceutical, chemical and industrial manufacturing markets, primarily in the Midwest region.

“Todd Sacco and his team have built a profitable business through servicing a high-end customer base with exceptional customer service and quality products and services”, stated Sam Petillo, President of Singer Equities.  Adding, “We are very proud to welcome Foster to our team.  This acquisition strengthens our core competence in industrial hose and expands our share in the food and beverage and chemical markets”.  Todd Sacco said, “Singer provides the best cultural fit for Foster’s employees, customers and growth strategies.  We will continue to market our products and services under the Foster Hose and Fittings name and will strengthen our hose business through collaboration with the other Singer companies.”

Singer Equities, along with Bishop Lifting Products, are wholly owned subsidiaries of SBP Holdings, headquartered in Houston, TX and through its 60 locations provides industrial rubber, wire rope, rigging 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.