SouthernCarlson, a distributor of fasteners, tools, packaging, and construction supplies, announced it has acquired Greenwald Supply Direct, a specialty distributor serving commercial contractors across the Mid-Atlantic region.
The acquisition marks a continuation of SouthernCarlson’s renewed M&A strategy following its recent acquisition by Truelink Capital from Kyocera. The deal is aimed at strengthening SouthernCarlson’s footprint in the Mid-Atlantic and enhancing its reach in commercial end markets.
Greenwald Supply Direct, headquartered in Hyattsville, Maryland, has built a reputation for strong customer service, product availability, and jobsite support. Through the transaction, the company will gain access to SouthernCarlson’s broader product portfolio, expanded supply chain capabilities, and national distribution network.
SouthernCarlson indicated that Greenwald Supply Direct will continue operating under its existing name and maintain its current location. Financial terms of the transaction were not disclosed.
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“We’re excited to welcome Greenwald Supply Direct to the SouthernCarlson family. GSD’s reputation for first-class service and deep customer relationships fits perfectly with our culture. Together, we’ll strengthen the support we provide contractors across the Mid-Atlantic and beyond.”
Andrei Militaru, President and CEO of SouthernCarlson
“We are thrilled with this acquisition by SouthernCarlson. Our team has been proud to serve contractors throughout the Mid-Atlantic for decades, and with this partnership, we are excited to offer them enhanced access to additional product breadth, jobsite solutions, and service capabilities. From our standpoint, this is a win-win.”
David Greenwald, Founder and CEO of Greenwald Supply Direct
“SouthernCarlson and Greenwald Supply Direct are a strong fit, and the companies should benefit from meaningful growth opportunities together. We are excited to turn the M&A engine back on for SouthernCarlson, and expect this to be just the beginning as we continue to support SouthernCarlson’s M&A strategy of partnering with other great businesses.”
Todd Golditch, Co-Founder and Managing Partner of Truelink Capital
