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
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