Making its second acquisition for 2017, National Performance Warehouse Companies (NPW) has announced its purchase of 57-year old Warehouse West. The deal is projected to close on Aug. 25.
With this acquisition, NPW will have 14 locations in the U.S. and Canada, with four on the West Coast.
Warehouse West, started in 1960, is a cornerstone in the specialty marketplace in the Pacific Northwest, with the inventory and knowledgeable staff to service performance retailers. Brad Blue purchased Warehouse West in 1994, after working for the company since 1976, and has built the business with a focus on the performance market.
Larry Pacey, president and CEO of NPW, said, “We have a model for acquisitions that we have disclosed. Warehouse West is another good example of how our model works for us in blanketing the U.S. and Canada with distribution centers near major population centers and in a one-day reach by small package carriers. Brad Blue has built a business with many synergies which will easily meld into NPW.”
Brad Blue, Warehouse West president, said, “Our success in the performance market can be attributed to a great staff of enthusiasts, our customer base and the many vendors and reps who have supported us through these years. NPW and Warehouse West have many common lines and business practices that will only make us a better business. I’m excited for the opportunity to move from a regional presence to an international company, giving us more tools, access to inventory and support to help our customers grow their businesses.”