Alex Moazed founded Applico in 2009 when he was 20 years old and funded the company with his own credit cards. He co-authored the best-selling book, Modern Monopolies, which defines the platform business model dominating the 21st century economy.In his role as CEO, he oversees Applico’s advisory and capital businesses which sit at the intersection of technology and the supply chain; bringing ...

4 days ago · Replacement tires supplier American Tire Distributors (ATD) filed for bankruptcy protection Oct. 22 for the second time in six years. Huntersville, NC-based ATD signed a restructuring support agreement (RSA) with a group of lenders collectively referred to as the “Ad Hoc Lender Group,” which represents 90% of its debt.

3 days ago · Construction and industrial supplies distributor White Cap announced a new organizational structure for its U.S. regions, effective Nov. 4. This new framework consolidates seven U.S. regions into three — West, Central, and East — comprising a total of 26 districts.

2 days ago · Two longtime power transmission/motion control industry veterans, Brian Short and Bill Shepard, join to discuss career retrospection, what’s changed in the market, thoughts on AI and the role of product information sharing, including how two leading associations are driving it …

Following a series of actioned and planned divestments and acquisitions, manufacturing conglomerate Honeywell announced that its board of directors is continuing a portfolio review, including a potential separation of its Aerospace business unit.

The best minds in distribution across sales, digital and data analytics transformation sharing ideas and information to build your organization of the future! Hybrid Sales, Powered by Digital, Built on Data Analytics.

Jan 23, 2025 · Cleveland-based fluid power, power transmission and automation products distributor Applied Industrial Technologies ended 2024 in a big way, completing its acquisition of Hydradyne on Dec. 31. Terms were not disclosed, but the deal was initially announced Nov. 22. It combines the Nos. 1 and 10 ...

Jan 24, 2025 · Builders FirstSource agreed to acquire Englewood, CO-based Alpine Lumber Company in a move set to add considerable Rocky Mountain lumber dealing resources to the building materials distributor.

QXO has made an offer to acquire roofing products and other building materials distributor Beacon Roofing Supply, according to a Wall Street Journal report that cited people familiar with the matter.. Herndon, VA-based Beacon — No. 5 on MDM’s Top Distributors List for Building Materials/Construction — has a market value of approximately $6.2 …

Jan 24, 2025 · Lead photo: Ferguson’s headquarters in Newport News, VA. After first entering the U.S. market in the 50s, Ferguson is now officially headquartered back in America.