GHX gasketmat.jpg

Nine Acquisitions, Organic Growth, Diversified Products and Systems Upgrades Led to Successful Sale of GHX

Industry: Valued added distribution of fluid transfer and sealing products

Acquisition Date: 2007

Status: Sold in 2012 to a strategic buyer owned by a financial sponsor

In business for more than 70 years, GHX was a leading distributor of fittings, gaskets and sealing products, and valves to the energy and other end markets. CapStreet, partnered with GHX leadership to create a more substantial business, adding depth to the management team, upgrading systems, executing on organic growth strategies, diversifying product offerings and completing nine acquisitions. The expanded organization included 39 locations across the US and Canada. 

CapStreet Value Creation

CapStreet transformed GHX into a platform for continued, long-term growth with strategies that included:

  • Recruited CEO and 5 other key management team members
  • Recruited outside directors
  • Implemented new ERP system on-time and on-budget
  • Implemented strategic pricing
  • Executed successful marketing and branding program, establishing GHX as the leading brand in the industry
  • Completed and successfully integrated 9 add-on acquisitions
  • Increased number of branches from 7 to 39

Built a Best In Class Distribution Platform and Significantly Increased Revenue During CapStreet's Ownership 

Case studies have been included for illustrative purposes only and have been selected in order to provide examples of the types of investments previously made by The CapStreet Group and do not purport to be a complete list of investments.  A complete list of prior investments made by The CapStreet Group is available upon request.