Brady Merges With IFSDecember 15, 2020
The combined organization will create one of the larger distributors of jansan products and foodservice disposables, with a combined 38 facilities nationwide. The transaction will be supported with additional equity funding from existing IFS shareholders, led by Kelso. Further terms of the transaction were not disclosed.
“I’m excited to partner with Kelso and IFS,” said Travis Brady, Brady president. “I look forward to working with Ken [Sweder, IFS CEO] and his team to accelerate our growth by combining our resources and expertise, enhancing our national account value proposition, and deploying even more capital in support of acquisition activity. This partnership honors and enhances the 73-year Brady legacy and provides exciting opportunities for the entire Brady team.”
Headquartered in Las Vegas, Brady distributes cleaning products to the hospitality, office building, health care, restaurant, recreation, education, retail, industrial, and transportation industries via six operating divisions. For more information, visit www.bradyindustries.com.