JGB Enterprises, Inc., backed by HCI Equity Partners, announced Jan. 7 that it has acquired All-Serv Industrial, LLC on Dec. 31, 2021. JGB is a supply chain management and logistics services distributor of industrial hose, fluid power products, and hose assembly solutions throughout a diverse set of end markets including the U.S. Department of Defense, oil and gas, food and beverage, retail, construction, and industrial OEMs in the US and Canada. All-Serv is JGB’s second add-on acquisition since HCI’s platform investment. Financial terms were not disclosed.
JGB was No. 47 on Industrial Distribution’s 2021 Big 50 List.
Headquartered in Sulphur, LA with four locations in the Gulf Coast region, All-Serv is a supplier of hose and hose-related accessories for environmental remediation, industrial cleaning and other needs of the refinery and petrochemical market. The acquisition of All-Serv further enhances JGB’s strong footprint in this attractive market while also providing a complementary product portfolio and service capabilities.
Courtesy of JGB Enterprises.