Nautic Buys Endries International

Nautic Partners, LLC (“Nautic”) is pleased to announce that it has entered into a definitive agreement to acquire, in partnership with management, Endries International, Inc. (“Endries”) and certain Endries related affiliates from Ferguson Enterprises and its affiliates. The transaction is expected to close within the next 45 days.

Endries is a leading distributor of fasteners and Class-C parts serving industrial Original Equipment Manufacturers (“OEMs”) worldwide. From its headquarters in Brillion, WI and eight U.S. and international distribution centers, Endries provides over 500,000 SKUs to its customer base. Endries operates primarily through a vendor managed inventory model, managing C-part categories for its customers across diverse industrial end markets. Endries partners with OEM customers through robust replenishment systems that provide products and support services which are critical to maintaining the manufacturing process.