SINGER EQUITIES ACQUIRES SHIPYARD SUPPLY LLC

Posted by Gabriele Barr on Sep 4, 2019 11:08:00 AM

September 3, 2019

Singer Equities, Inc. has acquired Shipyard Supply, LLC headquartered in Metairie, LA. Shipyard Supply distributes and fabricates metal, industrial and composite hose assemblies, fittings, and industrial supplies out of their locations in Metairie, LA, Houston, TX and Mobile, AL. The business was founded in 1992 and serves a diverse customer base in the general industrial, refinery, petrochemical, marine and construction markets.

President and owner Jeff Wickersham, who has been active in the business, will remain and the business will continue operating under the Shipyard Supply name. “Jeff and his talented team have built a successful hose business by providing exceptional service throughout the gulf region and beyond”, stated Sam Petillo, President of Singer Equities. Adding, “This acquisition expands Singer’s product offering and strengthens our presence in the refinery and petrochemical markets in the gulf region.” Jeff Wickersham stated, “Singer is the right partner to support Shipyard’s core values of providing exceptional customer service and world-class products. Singer’s scale and national footprint will help us better serve our customers”.

Singer Equities has 57 locations specializing in industrial and hydraulic hose, conveyor belt, gaskets, and related services.

Singer Equities, along with Bishop Lifting Products and Dakota Fluid Power, are wholly owned subsidiaries of SBP Holdings, headquartered in Houston, TX and through its 95 locations provides industrial rubber, wire rope, rigging, fluid power products and services to a broad range of industrial markets throughout North America. More information can be obtained at www.sbpholdings.com and www.singerequities.com.

Topics: Insider, Shipyard Supply, Acquisition

SINGER EQUITIES ACQUIRES 4-STAR HOSE & SUPPLY

Posted by Gabriele Barr on Jun 4, 2019 9:00:00 AM

 

Singer Equities, Inc. has acquired 4-STAR Hose & Supply headquartered in Dallas, TX.    4-STAR Hose & Supply distributes and fabricates industrial hose, hydraulic hose, metal hose, composite hose, fittings, valves and pumps out of their locations in Dallas, Fort Worth, Midland, Pleasanton and Cleburne, Texas. The business was founded in 1983 and has been owned by the Culhane family since 2002.  4-STAR has 70 full time employees and serves a diverse customer base in the oil/gas, steel, chemical and food and beverage markets. 

All three owners, who have been active in the business, will remain and the business will continue operating under the 4-STAR Hose & Supply name.  “Keith, Kelly, and Brent Culhane and their team have built a profitable business by providing exceptional service throughout Texas and the surrounding region”, stated Sam Petillo, President of Singer Equities.  Kelly Culhane stated, “The team at 4-STAR Hose is excited to partner with Singer Equities.  We’ll be able to leverage Singer’s scale and product offering to better serve our customers.”  Brent Culhane added, “Being part of the Singer family will provide new growth opportunities for 4-STAR and our employees.  The addition of our five locations will expand Singer’s footprint in Texas.”

Singer Equities, along with Bishop Lifting Products and Dakota Fluid Power, are wholly owned subsidiaries of SBP Holdings, headquartered in Houston, TX and through its 92 locations provides industrial rubber, wire rope, rigging, fluid power products and services to a broad range of industrial markets throughout North America. More information can be obtained at www.sbpholdings.com and www.singerequities.com.

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