has been acquired by

Merit is the leading distributor of paint sundries and flooring products and installation supplies.

The Merit Distribution Group

  • Industry Industrial
  • Type M&A Sell-Side

About
Merit, a portfolio company of Centre Lane Partners, is the leading distributor of paint sundries and flooring products and installation supplies, distributing over 30,000 products from approximately 600 manufacturers who trust Merit to reliably deliver products to more than 11,000 customers in the Americas, as well as Australia and Poland.

Situation
Merit and Centre Lane Partners engaged Croft & Bender to advise the Company through a full exclusive sale process. Croft & Bender worked with the Company to build a financial model, develop marketing materials, conduct management presentations, manage the diligence process, and negotiate with buyers.

Result
Croft & Bender successfully negotiated the sale of the Company to Center Rock Capital Partners.