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Foley says it advised ORS Nasco on welding and Essendant brand acquisitions
Foley said it advised ORS Nasco, a Wynnchurch Capital portfolio company, on acquiring Techniweld & PowerWeld and three Essendant brands: Boardwalk, GEN and Windsoft. The firm said the transactions expand ORS Nasco’s North American welding operations and its janitorial, sanitation, paper and foodservice product offerings.
Key points
- Foley said Techniweld is a Canadian welding wholesaler operating in the United States under the PowerWeld brand.Foley
- The firm said Essendant is a Sycamore Partners portfolio company.Foley
- Foley said ORS Nasco was carved out of Essendant in 2019.Foley
- The firm said partners Gjina Lucaj and Omar Lucia led its team with Jake Gordon, Ryan McNulty and Carmen Rida.Foley