JPW Industries Acquires Baileigh Industrial Holdings
JPW Industries acquires Baileigh Industrial Holdings expanding their reach in the metalworking and woodworking market. The JPW umbrella already included JET, Powermatic, Wilton, Edwards, and Promac. JPW is a Gamut Capital Management company, and they chose to keep the terms of the transaction private.
JPW – Baileigh Acquisition
Words From The Inside
Scott Leichtling, CEO of JPW, stated: “We are excited to welcome Baileigh into the JPW family of brands and provide our customers with the most comprehensive portfolio of high-quality metalworking and woodworking products globally. Baileigh is exactly the type of brand we look for: a world-class company known for its commitment to innovation, culture of excellence and deeply loyal and diverse array of end users. We will continue to support the growth of the Baileigh brand while leveraging JPW’s supply chain and customer service capabilities to improve the overall value proposition to our collective customer base.”
Stephan Nordstrom, Baileigh’s Founder, will join JPW’s Board of Directors to help ensure a smooth transition. “I am exceptionally proud of Baileigh’s strong global presence and the dedicated, hardworking associates who helped build this company from scratch,” said Nordstrom. “As part of JPW, we will be well-positioned to enter our next phase of growth, expand our services and product offerings and reach new customers.”
Stan Parker, Founding Partner of Gamut, stated: “Over the past 20 years, Baileigh has built a reputation known for its outstanding products, customer-first approach and stellar track record of growth. This acquisition enables JPW to broaden its branded offerings and bolster its market-leading position in metalworking and woodworking machinery, tools and equipment.”
When you look at the metalworking and fabrication market, there’s really not a lot of manufacturers in that arena. This seems to be a pretty smart play for JPW industries. Buy up the competition and reap the benefits of adding more “made in the USA” products under the JPW belt. The Baileigh line is a great fit since most of the products from the JPW brands share a solid build quality and perform very well. We’re looking forward to seeing what JPW and Baileigh Industrial deliver for us in the near future.