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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.

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.

SINGER EQUITIES ACQUIRES RUBBER SUPPLY COMPANY

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Singer Equities is pleased to announce its acquisition of Rubber Supply Co. in Morrisville, PA. Rubber Supply Co., founded in 1972 specializes in industrial hose and fittings, conveyor belting, sheet rubber and custom-cut gaskets, servicing the Greater Philadelphia region.
Rubber Supply Co. will continue to go to market utilizing their name and will operate as a division of RW Connection. Headquartered in Landisville, PA, RW Connection has eleven locations throughout six states, including Pennsylvania, New Jersey, Maryland, Virginia, North Carolina and Tennessee. Dave McGowan will continue as General Manager reporting to Scott Priestner, Vice President of Singer Equities.
“Dave has built a solid business in the region and we are excited to have his organization join our team,” said Scott. “We look forward to expanding our product lines, fabrication, installation and testing services; increasing our market share in the Philadelphia, Northern Delaware and Southern New Jersey areas.”
Singer Equities, along with Bishop Lifting Products, are wholly owned subsidiaries of SBP Holdings, headquartered in Houston, TX. Through its 54 locations, SBP provides industrial rubber, wire rope and rigging products and services to a broad range of industrial end markets throughout the United States and Canada. More information can be obtained at www.sbpholdings.com and www.singerequities.com.
Michele Dappert, Marketing Manager
Singer Equities
936 Links Ave
Landisville, PA 17538
717-898-5257 office
717-537-4261 direct
mdappert@rwconnection.com
www.rwconnection.com

Singer Equities Acquires Unisource Manufacturing Inc.

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JUNE 16, 2015 – PORTLAND, OR – Singer Equities has acquired the operating assets of Unisource Manufacturing Inc. and subsidiaries headquartered in Portland, OR.  The business was founded by Joe Thompson in 1980 as Intermountain Industrial Supply and has expanded its operations to five locations operating as Unisource Manufacturing in Portland, OR, Santa Fe Springs, CA and Kent, WA along with their Poly-Flow, LLC operations at a second Portland facility and its Able Hose and Rubber LLC business unit in Roseville, MN.  Joe Thompson will remain with the business as President of the entity while retaining his current staff of 97 employees that will continue to go to market under their legacy names.

“Joe Thompson and team have built an outstanding business over the past 35 years with a true passion for the industrial, hydraulic, metal, fluoropolymer and thermoplastic hose product lines selling to a very diverse end market base through multiple channels,” stated Don Fritzinger, President of Singer Equities.  Adding, “We are so very proud to have them be a part of our growing portfolio of quality companies.   The addition of Unisource Manufacturing and subsidiaries will expand our geographic footprint to the west coast and 40 locations, while augmenting our portfolio of products and services in our core hose businesses.”  Thompson added, “This strategic partnership was established as a means to provide an exit plan for me over the next 5-7 years, while providing a solid succession plan for our Unisource/Poly- Flow family of employees. This plan is one that we directed and instituted from the beginning, searching for the appropriate partner that would allow us to maintain our identity, culture and business model.  Singer Equities maintains a hands-off approach, investing in financially successful businesses with strong management personnel, allowing them to function with total autonomy.  All business plans for today and into the future remain the same.”

Singer Equities, along with Bishop Lifting Products, are wholly owned subsidiaries of SBP Holdings, headquartered in Pearland, TX and through its 61 locations provides industrial rubber and wire rope and rigging products and services to a broad range of industrial end markets throughout the United States.  More information can be obtained at www.sbpholdings.com and www.singerequities.com.

Bishop Lifting Products Acquires Delta Rigging & Tools

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Houston, TX — March 27, 2014 – SBP Holdings, through its wholly owned subsidiary Bishop Lifting Products, has completed the acquisition of Delta Rigging & Tools headquartered in Houston, TX.

Bishop Lifting Products and Delta Rigging & Tools specialize in the fabrication and distribution of slings, wire rope and rigging products, crane and rigging inspection services, engineered solutions, and equipment rentals. The combined Company will go to market under the brands Bishop Lifting Products, Delta Rigging & Tools, Delta Rentals & Rigging, and Morgan City Rentals. The Company currently operates 23 branches in Texas, Louisiana, Oklahoma, Kansas, Colorado and North Dakota with over 700 employees.

Derrick Deakins, President of Bishop Lifting Products, states, “the combination of Bishop Lifting and Delta will bring great value to our customers. The wide spectrum of products and services, extended geographic footprint, and technical expertise created by the acquisition positions Bishop Lifting Products to become the clear leader in the wire rope and rigging industry. The addition of rental equipment services will be a new offering that will benefit the combined customer base.”

About SBP Holdings:
SBP Holdings is one of the nation’s leading specialty distribution groups focusing on the sale and rental of wire rope and rigging products through Bishop Lifting Products and the sale of industrial rubber products through Singer Equities. SBP Holdings is a portfolio company of AEA Investors based in New York City. For more information, go to www.sbpholdings.com.

Singer Equities Acquires Cumberland Valve

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DECEMBER 20, 2013—GLEN BURNIE, MD—Singer Equities, Inc. has acquired Cumberland Valve headquartered in Bridgeton, New Jersey.  Cumberland Valve, founded in 1980, specializes in industrial and hydraulic hose fabrication as well as valves and fittings supporting the diverse end markets of the greater Delaware Valley and southern New Jersey region.  Tom Davis, a veteran of 24 years with the business, will continue as General Manager and operate with its present staff going to market under its current Cumberland Valve name.  The business will operate as a division of R W Connection, headquartered in Landisville, PA which has grown to 10 locations in the region and it’s first in New Jersey.  Tom Davis will report to Scott Priestner, VP and Northeast Regional Manager for Singer Equities.

Scott Priestner said, “Tom Davis and his team have helped Bruce Riley build a solid business in the region and we are excited to have them join our RW Connection organization. We look forward to expanding the product lines, increasing the fabrication and testing services as well as inventory to expand our market share in the Philadelphia, Northern Delaware and southern New Jersey region.” Bruce Riley added, “After starting Cumberland Valve 33 years ago, it gives my wife Debby and I, great pleasure to have   RW Connection take ownership of our company.  RW Connection’s leadership will ensure the future success of Cumberland Valve and its very loyal employees which is paramount.  We wish Cumberland Valve, the employees and our customers continued success in the future.”

Singer Equities, along with Bishop Lifting Products, are wholly owned subsidiaries of SBP Holdings and through its 40 locations provide industrial rubber and wire rope and rigging products to a variety of industrial end markets.  More information can be obtained at www.sbpholdings.com.

Singer Equities Acquires Stewart-Hunt

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June 3, 2013- Glen Burnie, MD— Singer Equities, Inc. has acquired the operating assets of Stewart-Hunt, Inc. based in Burlington, MA.  Founded in 1956, Stewart-Hunt is a leading fluid power distributor specializing in the sales, service, testing and repair of hydraulic pumps, motors, cylinders and various other hydraulic components.  The company will operate as a division of PRC Industrial Supply headquartered in Portland, ME with a branch location in Bangor.  Nelson Smith and Jim Hunt, previous owners of Stewart-Hunt, will remain with the company and report to Kevin Easler, Vice President and General Manager of PRC Industrial.

“We are thrilled to have the Stewart-Hunt team as part of our New England operation which will provide vertical integration to our existing fluid power business in Bangor, ME.  In addition, their suburban Boston location will lower PRC’s center of gravity to access core New England markets,” said Don Fritzinger, President of Singer Equities.

PRC Industrial Supply is a platform business of Singer Equities, specializing in the value added services within the industrial and hydraulic hose, conveyor belt and gasket markets.  Stewart-Hunt is the company’s 33rd location and first truly integrated fluid power business.  More information on the businesses and their operations can be obtained at www.singerequities.com.