WILsquare Capital, a lower-middle-market private equity firm, announced that its portfolio company, Automotive Color & Supply (ACS), has completed the acquisition of Smetzer Paint & Supply, a regional distributor of automotive and industrial paint and supply products headquartered in northern Ohio. The transaction terms were not disclosed.
The acquisition marks a significant expansion for ACS as it strengthens its footprint and service network across the Midwest. The combination of ACS and Smetzer will enable the company to expand its leadership in the automotive refinishing and industrial coating markets, leveraging Smetzer’s long-standing customer relationships, regional expertise, and commitment to quality service to serve a broader client base better.
WILsquare Capital stated that the deal reinforces its ongoing strategy to build a scalable, service-oriented distribution platform across the automotive and industrial coatings industries. Through the partnership, ACS aims to accelerate its growth trajectory while maintaining its focus on product excellence, customer support, and operational efficiency.
This latest transaction represents WILsquare Capital’s third acquisition within its automotive paint distribution platform, following its purchase of ACS in 2023 and Paint Works in 2024. The expansion continues WILsquare’s efforts to grow high-quality regional distribution businesses across the Midwest and Southern United States.
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“We are thrilled to welcome the Smetzer Paint & Supply team into the ACS family. Their deep market relationships and reputation for outstanding customer service complement ACS’s core values and growth objectives. Together, we will continue to provide exceptional products and support to our customers while expanding our reach across new markets.”
Josh Byers, CEO of Automotive Color & Supply
“This acquisition marks another important step in building a leading, service-oriented distribution platform in the automotive and industrial coatings space. We are proud to support the ACS team as they continue to grow through strategic partnerships with respected organizations like Smetzer Paint & Supply, who share their unwavering commitment to quality, people, and customers.”
Jack Randazzo, Managing Director at WILsquare Capital
“We are excited to partner with the ACS and WILsquare teams as we further enhance our ability to service customers and grow. ACS shares our commitment to integrity, customer service, and strong vendor relationships. This partnership will allow us to continue providing the same level of quality and care our customers have come to expect, while leveraging new resources and opportunities for growth.”
Robert Bradberry, Owner of Smetzer Paint & Supply
