Ogdon Ventures has acquired Westland Distributing Inc, a provider of manufactured housing supplies. No financial terms were disclosed.
DENVER, Sept. 21, 2017 /PRNewswire/ — Westland Distributing Inc., the leading distributor of manufactured housing supplies in the Western United States, announces it has been acquired by Ogdon Ventures, a family run private equity firm seeking investments in the lower middle market. With a vision toward growth, Ogdon Ventures has hired Lou Braun to serve as President of the new organization, Westland Distributing Partners, LLC.
“Westland Distributing Inc. has built a great reputation for providing their customers with the right supplies when they need them and have been doing so successfully for more than 40 years,” said Lou Braun. “We look forward to building on this foundation with Westland Distributing Partners, LLC through a focus on growth with a sales and marketing playbook supported by an increased digital presence offering customers different ways to buy.”
Westland Distributing Partners, LLC provides a large range of products for the manufactured housing industry including anchoring systems, skirting, doors and windows, patio covers, deck kits, heating and cooling equipment and more. Founded in 1972 in Denver, CO, Westland Distributing Inc. has grown to three primary locations in Colorado, Arizona and California servicing a wide range of customers with products from the leading suppliers.
“We are very excited to have the opportunity to work with the knowledgeable team, the dedicated customer and supplier base and the addition of Lou Braun,” said Mike Ogdon, Managing Partner of Ogdon Ventures and Chairman of the Board of Westland Distributing Partners, LLC. “Westland Distributing Inc. matched up perfectly for our investment criteria and we look forward to growing the business.”
About Ogdon Ventures
Ogdon Ventures is a family run private equity firm with a combined 50 years of experience raising capital to start, acquire, operate and grow companies. Ogdon Ventures seeks to acquire lower middle market companies with positive EBITDA that would benefit from modern digital marketing and business development strategies and automation of operational activities through the use of technology. http://www.ogdonventures.com