Lehman Pipe and Supply, LLC, under the ownership of Rotunda Capital Partners, has announced the acquisition of Cole Industrial, a move that unites two prominent names in the industrial distribution sector. This partnership is poised to leverage the combined strengths of both companies to deliver enhanced value to their customers, focusing on expanded product offerings, improved inventory availability, and customized solutions for industries such as industrial, commercial, plumbing, mechanical, and fire protection.
The acquisition is seen as a strategic fit, with Cole Industrial's 25-year reputation for technical expertise and customer service aligning seamlessly with Lehman Pipe's mission. Cole Industrial will continue to operate under its own name as part of Lehman Pipe, maintaining its team and customer relationships while benefiting from Lehman's resources and capabilities. The integration aims to adopt shared technologies and best practices to further improve service delivery and operational efficiency.
Michael Torres, Former Owner of Cole Industrial, expressed enthusiasm about the partnership, highlighting the alignment of values and the potential for growth. Josh Aberman, CEO of Lehman Pipe, echoed this sentiment, emphasizing the commitment to maintaining the trust of existing customers and attracting new ones through superior service and value.
This acquisition represents a significant step forward for both companies, promising to enhance their ability to meet the evolving needs of the market while offering customers more efficient and cost-effective solutions. The collaboration between Lehman Pipe and Cole Industrial is expected to set a new standard in the industrial distribution sector, driven by a shared commitment to excellence and customer satisfaction.
