Wilmar secures investment from Rainier

Rainier Partners has made an investment in Kent, Washington-based Wilmar, a provider of tools and equipment to the automotive aftermarket and other industries.

Rainier Partners has made an investment in Kent, Washington-based Wilmar, a provider of tools and equipment to the automotive aftermarket and other industries. No financial terms were disclosed. The Cantalini family will retain a significant ownership stake in Wilmar alongside Rainier.

PRESS RELEASE

Seattle, WA – January 6, 2022 – Rainier Partners today announced an investment in Wilmar Corporation and its subsidiaries (“Wilmar” or “the Company”). Headquartered in Kent, WA, Wilmar is a leading supplier, distributor, and category manager of tools and equipment to the automotive aftermarket and other industries. Rainier’s investment will help accelerate Wilmar’s growth in additional product categories, end markets, and geographies, while preserving the Company’s unique culture and customer focus.

Jon Cantalini, CEO of Wilmar said: “The entire Wilmar team has played an important role in establishing our reputation for quality products and exceptional service. We look forward to building upon that foundation with the partnership and support of Rainier, who understands both our business and our culture.”

Commenting on the transaction, Alex Rolfe, Managing Partner of Rainier, said: “Over the last 25 years, the Cantalini family and the Wilmar management team have built the Company into a market leader with an excellent reputation. We’re honored to be their partner and join them for the next phase of growth.”

Jon Altman, Managing Partner of Rainier, added: “We see tremendous opportunity for the Company and look forward to continuing Wilmar’s long history of partnership with its customers. The additional resources, capital, and expertise Rainier provides will support both organic growth and strategic acquisitions.”

The Cantalini family will retain a significant ownership interest in the Company alongside Rainier.

ABOUT WILMAR CORPORATION
Founded in 1971 and headquartered in Kent, WA, Wilmar is a supplier, distributor, and category manager of specialty tools, hand tools, and equipment for over 750 customers in the automotive aftermarket, hardware, farm and fleet, and industrial end markets. From wrenches to grease guns and branded products to private label offerings, Wilmar works with customers to develop, source, planogram, and manage a comprehensive catalog of products. www.wilmarcorp.com