PACE Provide buys three Northern California corporations, expands into HVAC and industrial
PACE Supply goes beyond supplying plumbing companies with the acquisition of three Northern California companies.
The Rohnert Park-based company, which until then had 25 locations in California and Hawaii, acquired JW Wood Co. Inc., Northern Industrial Sales and All Air Supply effective January 1. The financial terms of the deal were not disclosed in the announcement Tuesday.
“Part of PACE Supply’s strategy is to expand our capabilities and expand our geographic presence,” said President Keith Hubbard in the press release. “JW Wood is a testament to their passionate people and has built a reputation for excellent customer service. It fits in perfectly with our organization. We are honored to have their family members in our family and we look forward to serving our customers. “
The deal includes four locations in California: Redding, Chico, Susanville and Yuba City. The first two have sanitary showrooms.
JW Wood, a family business founded in 1954, provides plumbing, HVAC, irrigation, and industrial services in northern California and southern Oregon.
“My brother Kellie and I were fortunate enough to learn the wholesale plumbing business from one of the best, our father Wes Wood, the founder of JW Wood,” said former President John Wood. “We worked for JW Wood when we were young. When it came time to retire, our focus was on finding a buyer who would be a good fit with our family, employees, customers, and the communities we have served for the past 67 years. PACE Supply is that company. “
Brad Williams of Beringer Group represented JW Wood on the transaction.
Pace Supply was founded in 1994 and is employee owned. Prior to this deal, it had 20 wholesale locations and four Premier Bath & Kitchen showrooms.