Combined Company Creates an Automotive Aftermarket Powerhouse
WEST PALM BEACH, Fla. & LAKELAND, Fla.–(BUSINESS WIRE)–National Oak Distributors (NOD), the country’s premier automotive paint, body and equipment (PBE) wholesale distributor, and Integrated Supply Network (ISN), a leading automotive tool and equipment wholesale distributor, today announced that they have completed a merger of the two businesses.
This merger will combine a leader in the automotive paint, body and equipment (PBE) segment, NOD, with a leader in the automotive tool and equipment segment, ISN, increasing value for their customers and suppliers with greater product choice, expanded geographic reach, broader distribution capabilities and access to additional value-added services and solutions.
The newly combined company will capitalize on its combined strengths to provide its customers and supplier partners with numerous advantages including:
- Enhanced Capabilities: Access to a broader range of resources, expertise, technologies, and distribution capabilities, including improved customer service and delivery times.
- Expanded Opportunities: Exposure to new products, geographies and sales channels.
- Shared Culture of Excellence: Both National Oak Distributors and Integrated Supply Network share a commitment to customer success and ease of doing business and have earned the respect and trust of their customers and supplier partners, ensuring a smooth integration and a solid foundation for our future success.
NOD Founder and CEO, Geoffrey Peckham, majority owner of the combined entity, who will serve as the Chief Executive Officer and Chairman of the Board of the merged company noted, “The combined strengths of National Oak Distributors and Integrated Supply Network will create a powerhouse in the automotive aftermarket distribution industry. This combination will enable us to leverage industry-leading teams, talent and expertise, expand our portfolio of innovative products and supply chain solutions, enhance our geographic reach, and grow the markets that we serve with the industry leading capabilities that National Oak Distributors and Integrated Supply Network have established in each of our 25+ years in business.”
In the coming months, the companies will work closely together to seamlessly integrate their operations and teams.
ISN is a portfolio company of Freeman Spogli, a leading strategic growth investor in the consumer and distribution sectors. ISN Shareholders, including Freeman Spogli, will have a significant minority investment in the merged company.
About National Oak Distributors
National Oak Distributors, Inc. (“National Oak”) is a leading wholesale distributor of automotive body shop supplies, with 20 distribution centers supporting next day delivery to 95% of the U.S. National Oak Distributors is headquartered in West Palm Beach, Florida. For more information visit nationaloak.com.
About Integrated Supply Network
Integrated Supply Network (ISN) is a wholesale distributor of automotive tools, equipment, and supplies to a diversified channel base, including mobile tool dealers, auto parts stores, and eCommerce jobbers. ISN is headquartered in Lakeland, Florida, and has distribution centers across the United States, Canada and the United Kingdom and ships worldwide. For more information visit Isnweb.com.
Contacts
Maggie Aloia, Communications Director, Integrated Supply Network – [email protected]
