GHX’s shareholders retained BlackArch Partners to manage the sale of GHX, seeking to leverage the BlackArch team’s significant experience and market knowledge in the energy sector.
BlackArch marketed GHX to a broad range of potential investors with demonstrated interest in the industrial and distribution sectors. Preview meetings with selected potential investors generated robust options for shareholders.
GHX was sold to United Central Industrial Supply, a portfolio company of American Securities Capital Partners. United Central is the largest mining distribution company in North America. The combined companies will operate as business units under the umbrella of United Distribution Group, a leader in value-added service and products to end users in the broader energy and natural resources end markets.