Transactions

Case Study

GNAP, LLC
Industries:
Distribution
Description:
GNAP is a leading national distributor of industrial abrasive products, equipment and ancillary services. Since 2005, when GNAP was formed through the merger of Grand Northern Products and Abrasive Products, the Company has achieved strong organic and acquisitive growth, making the Company the market leading specialty distributor of consumable abrasive products for surface enhancement and specialty ceramics applications. GNAP represents more than 550 global suppliers and serves more than 5,000 customers.
Location:
Byron Center, MI
Ownership:
Frontenac
Transaction Type:
Sellside Advisory

Situation

BlackArch was retained by Frontenac and management to serve as the Company’s exclusive financial advisor.

BlackArch's Customized Solution

BlackArch provided GNAP with tireless, around-the-clock guidance and support, ensuring that the company was well prepared as a management team to navigate each phase of the process.

Outcome

CenterOak Partners acquired GNAP from Frontenac