Case Study

Wholesale Supplies Plus
Consumer; Distribution; Business Services
Wholesale Supplies Plus is an industry-leading provider of high-quality raw materials, supplies, and packaging for soap, skincare, and candle artisans. The Company was established two decades ago to provide customers with affordable and professional quality soap, skincare, and candle making supplies. The Company’s unique, data-oriented approach to business decision making and high levels of customer service position WSP as a digitally enabled platform poised to scale efficiently. The Company's broad product assortment and complementary support enable an expanding artisan community to meet growing consumer demand for authentic, local, and clean label personal products. WSP has attracted a large base of engaged, recurring customers through its Company-owned eCommerce portal and strong social media presence. As a result, WSP has enjoyed more than 15 consecutive years of organic revenue growth across multiple economic cycles.
Incline Equity Partners
Transaction Type:
Sellside Advisory


BlackArch was retained by Wholesale Supplies Plus to serve as its exclusive financial advisor.

BlackArch's Customized Solution

BlackArch leveraged its deep end market and business model knowledge to achieve a superior outcome for management and the shareholders. The transaction continues BlackArch’s strong presence in eCommerce, consumer products, specialty distribution and business services and is representative of the firm’s focus on providing unique M&A advisory services to market-leading growth businesses.


Two Sigma Impact and Avance Investment Management have acquired Wholesale Supplies Plus from Incline Equity Partners. Management will continue to grow the business and remain a material part of the shareholder group during the Company’s next phase of growth.