Subscribe to PCE Communications
    Choose Your Subscription

    PCE Advises Hisco Inc. on the Acquisition of Kimco

    PCE Investment Bankers, a leading financial services firm for mid-market companies, is pleased to announce the purchase of Kimco Distributing Corporation (Kimco) by Hisco, Inc. (Hisco). This transaction marks the seventh buy-side engagement in which PCE has served as the financial advisor to Hisco.

    Hisco Kimco TombstoneHisco, headquartered in Houston, TX, is an employee-owned specialty distribution company serving various markets, including electronic assembly, aerospace, defense, automotive electronics, and medical electronics.

    "For more than ten years, Hisco has maintained a rewarding relationship with PCE," said Bob Dill, president of Hisco. "We have trusted the PCE team to assist us with numerous transactions, and we are always pleased with the results, and this transaction is no different."

    Mr. Dill continued, "We are thrilled with the acquisition of Kimco. The team at Kimco has a proven track record of customer service and quality products that perfectly fit the Hisco value proposition. This acquisition enables us to further expand our signature' fast, friendly service' to customers throughout North America."

    Michael Rosendahl of PCE commented, "We are very pleased for both parties. Hisco's business model highlights its strengths as a preferred acquisition partner. The acquisition of Kimco will further enhance Hisco's position in the market."

    Kimco, founded in 1978, is a major supplier of products, services, and solutions to the manufacturing, testing, and repair industries to numerous companies in the Midwest United States.

    About Hisco

    Hisco's international branch network includes 35 stocking locations in three countries: the United States, HiscoMex in Mexico and HiscoCan in Canada. Hisco's Precision Converting facilities provide value-added fabrication, and its Adhesive Materials Group provides an array of custom repackaging. Hisco also offers vendor-managed inventory programs and specialized warehousing for chemical management, logistics services and cold storage. Hisco's exclusive Documented Cost Savings (DCS) program has saved customers more than $152 million to date. Its supplier base includes manufacturing giants Henkel, Alpha and 3M, to name a few. For more information, visit www.hisco.com.

    About Kimco Distributing Corporation

    Since 1978 Kimco Distributing Corp. has been a major supplier of products, services, and solutions to the manufacturing, testing, and repair environments. Kimco originated by supplying NE Ohio PCB assembly houses with production supplies. Over 40 years later, Kimco now distributes throughout North America and supports the following territories with representation: Ohio, Pennsylvania, Indiana, Michigan, Kentucky, West Virginia, Delaware, Maryland, Virginia, North Carolina, South Carolina, Florida, and Puerto Rico. For more information, visit www.gokimco.com.

    New call-to-action

    Largest Transactions Closed

    • Target
    • Buyer
    • Value($mm)
    David Jasmund

     

    David Jasmund

    Investment Banking | ESOP

    Orlando Office

    407-621-2111 (direct)

    djasmund@pcecompanies.com

    Connect
    407-621-2111 (direct)

    407-621-2199 (fax)

    Eric Zaleski

     

    Eric Zaleski

    Investment Banking | ESOP

    Chicago Office

    847-239-2466 (direct)

    ezaleski@pcecompanies.com

    Connect
    847-239-2466 (direct)

    407-621-2199 (fax)

    Melissa Ritter

     

    Melissa Ritter

    Investment Banking

    Orlando Office

    407-621-2128 (direct)

    mritter@pcecompanies.com

    Connect
    407-621-2128 (direct)

    407-621-2199 (fax)

    Michael Rosendahl

     

    Michael Rosendahl

    Investment Banking

    New York Office

    201-444-6280 Ext 1 (direct)

    mrosendahl@pcecompanies.com

    Connect
    201-444-6280 Ext 1 (direct)

    407-621-2199 (fax)

    Will Stewart

     

    Will Stewart

    Investment Banking | ESOP

    Orlando Office

    407-621-2124 (direct)

    wstewart@pcecompanies.com

    Connect
    407-621-2124 (direct)

    407-621-2199 (fax)

    whitcomb-woody

     

    Woody Whitcomb

    Investment Banking

    Orlando Office

    407-621-2113 (direct)

    wwhitcomb@pcecompanies.com

    Connect
    407-621-2113 (direct)

    407-621-2199 (fax)

     

    Michael Poole

    Investment Banking

    Orlando Office

    407-621-2124 (direct)

    mpoole@pcecompanies.com

    Connect
    407-621-2124 (direct)

    407-621-2199 (fax)

    vogt-paul

     

    Paul Vogt

    Valuation

    Atlanta Office

    678-641-4760 (direct)

    pvogt@pcecompanies.com

    Connect
    678-641-4760 (direct)

    407-621-2199 (fax)

    Mackenzie Moran

     

    Mackenzie Moran

    Investment Banking

    New York Office

    201-444-6280 Ext 3 (direct)

    mmoran@pcecompanies.com

    Connect
    201-444-6280 Ext 3 (direct)

    407-621-2199 (fax)

    Isabel Carta

     

    Isabel Carta

    Investment Banking

    Orlando Office

    407-621-2149 (direct)

    icarta@pcecompanies.com

    Connect
    407-621-2149 (direct)

    407-621-2199 (fax)

    Philipp Seubert

     

    Philipp Seubert

    Investment Banking

    New York Office

    201-444-6280 Ext 4 (direct)

    pseubert@pcecompanies.com

    Connect
    201-444-6280 Ext 4 (direct)

    407-621-2199 (fax)

    Pearl-Rachel 667 x 667

     

    Rachel Pearl

    Valuation

    Orlando Office

    407-621-2140 (direct)

    rpearl@pcecompanies.com

    Connect
    407-621-2140 (direct)

    407-621-2199 (fax)

    R Winston 667 x 667

     

    Richard Winston

    Valuation

    Atlanta Office

    404-994-4650 (direct)

    rwinston@pcecompanies.com

    Connect
    404-994-4650 (direct)

    407-621-2199 (fax)

    Thomas Harrington

     

    Thomas Harrington

    Investment Banking

    Orlando Office

    407-621-2145 (direct)

    tharrington@pcecompanies.com

    Connect
    407-621-2145 (direct)

    407-621-2199 (fax)

    Please Share This