PrimeSource Brands, a portfolio company of Clearlake Capital Group, has acquired Durst Corporation, which operates as JACLO Industries, expanding its decorative bath and plumbing product offerings through its Dimora Brands platform.
The transaction represents PrimeSource Brands’ 12th acquisition since partnering with Clearlake in December 2020. Financial terms were not disclosed.
Headquartered in Cranford, New Jersey, JACLO is a manufacturer and distributor of decorative bathroom fixtures and functional plumbing products with a history spanning nearly 125 years.
Founded in 1901, JACLO operates two complementary product brands serving different parts of the plumbing and bathroom fixtures market.
The company’s JACLO brand focuses on decorative bathroom products, including shower systems, faucets, decorative hardware, grab bars, bathroom accessories, and specialty drains.
Its product portfolio includes more than 35 coordinated finishes, allowing designers and customers to match fixtures and accessories across multiple bathroom product categories.
JACLO’s offerings include its design-patented Rain Machine shower system, alongside faucets, decorative grab bars, channel drains, and other bathroom products.
The company’s Durst brand focuses on functional plumbing equipment serving professional contractors and wholesale distributors.
Its product range includes valves, flow-control products, fittings, connection hardware, drainage systems, and water supply and heating components.
Together, the brands provide products for decorative plumbing showrooms, wholesalers, professional installers, and home improvement retailers.
JACLO assembles, inspects, and packages its products at its New Jersey facility.
Its products are designed to meet applicable industry requirements, including ASSE, ASME, CSA, and WaterSense standards.
The acquisition expands PrimeSource Brands’ presence in decorative plumbing and bathroom fixtures, adding products that complement its existing home hardware and specialty building products portfolio.
JACLO will become part of Dimora Brands, PrimeSource’s decorative hardware and home improvement platform.
Dimora’s existing brands include Top Knobs, Hardware Resources, Atlas Homewares, Watermark Designs, and Water Street Brass.
The addition of JACLO and Durst broadens the platform’s product portfolio across bathroom fixtures, decorative accessories, and functional plumbing components.
PrimeSource believes the acquisition will create opportunities to provide a more comprehensive collection of products to plumbing showrooms, interior designers, contractors, and other customers.
JACLO’s coordinated finishes also complement Dimora’s existing decorative hardware offerings.
This could allow customers to source matching bathroom fixtures, hardware, and accessories through a broader product portfolio.
For PrimeSource, the transaction represents another step in its strategy of acquiring established specialty building products businesses with complementary brands and distribution capabilities.
The company operates an extensive distribution network serving more than 56,000 customer locations through 64 sites across 26 states and two countries.
Its product portfolio includes more than 100,000 stock-keeping units, spanning construction fasteners, knobs and pulls, fencing, railing, and functional hardware.
Adding JACLO expands the breadth of that portfolio while strengthening the company’s presence in decorative plumbing products.
The transaction also reflects Clearlake’s continued support for PrimeSource’s acquisition-led expansion.
Clearlake has backed PrimeSource since December 2020, supporting its efforts to establish a larger North American specialty building products platform.
The private equity firm manages more than $185 billion in assets across private equity, credit, infrastructure, secondaries, co-investments, and other investment strategies.
PrimeSource’s latest acquisition gives Dimora additional brands and product categories while expanding its ability to serve customers throughout the decorative bath and plumbing market.
KEY QUOTES:
“We’re excited to welcome JACLO into the PrimeSource Brands family. JACLO has spent more than a century building a reputation for craftsmanship and responsive product development, and the business fits naturally with Dimora Brands. Combined with our Top Knobs, Hardware Resources, Atlas Homewares, Watermark Designs, and Water Street Brass offerings, JACLO gives us a complete decorative bath and plumbing assortment for the showroom and designer channel.”
Tom Koos, CEO Of PrimeSource Brands
“Today marks another successful milestone in our partnership with PrimeSource. Our investment in JACLO reflects our continued commitment to strategic, value-creating M&A that enhances PrimeSource’s market position and broadens our addressable market in specialty building products.”
José E. Feliciano, Co-Founder And Managing Partner, And Colin Leonard, Partner And Managing Director, At Clearlake Capital Group
“The acquisition of JACLO extends PrimeSource’s position in decorative bath hardware by adding complementary products and an established brand. We remain excited about the Company’s runway as a consolidator in this ecosystem.”
Ben Kruger, Managing Director At Clearlake Capital Group
