Grainger, a broad-line distributor of maintenance, repair, and operating (MRO) products serving businesses and institutions announced the sale of E&R Industrial Sales, Inc. to Paradigm Equity Partners, a Los Angeles-based private equity firm. E&R Industrial became a subsidiary of W.W. Grainger, Inc. in 2013.
smooth transition
"We are excited about this next stage of growth with Paradigm Equity Partners," said Jason D'Souza, President, of E&R Industrial Sales, Inc.
"E&R Industrial is firmly committed to a smooth transition for our customers, suppliers, and team members."
maintenance metalworking products, services, and expertise
Grainger will continue to serve customers with maintenance metalworking products, services, and expertise while focusing on its core business of maintenance, repair, and operating (MRO) products and services.
Customers will continue to have access to E&R's assortment when purchasing through Grainger, while E&R customers will have access to Grainger's MRO-leading assortment when purchasing through E&R. Details of the agreement were not publicly disclosed.