The dedicated people of these organizations are a true differentiator and it is an honor to lead them.
NEW YORK (PRWEB) January 08, 2020
ORS Nasco and MEDCO, wholesale companies of maintenance and repair focused non-discretionary and consumable industrial and automotive aftermarket products which was acquired by One Equity Partners (“OEP”) from Essendant in October 2019, announced the appointment of Kevin Short as the new President & CEO.
“Kevin brings over 25 years of experience in multiple sales, operations and general management roles. His extensive distribution experience will help us both internally as well as connecting with our customers,” said Manny Perez de la Mesa, Chairman of ORS Nasco and Medco. “The Board is confident in Kevin’s ability to work closely with the dedicated management team, committed employees, and business partners to execute our growth strategy and create value. I am excited to see what lies ahead with the many opportunities that we have to become integral business partners with our distributor customers and manufacturer vendors as a true value add wholesaler.”
"It is thrilling to join recognized leaders in ORS Nasco and MEDCO. Now independently owned, we will add increased speed and flexibility to our track record of delighting customers. We have the right strategy in place going forward and I am committed to delivering value for our customers and sustained profitable growth and value to all our partners.” said Kevin Short, Group President & CEO, ORS Nasco and MEDCO. “The dedicated people of these organizations are a true differentiator and it is an honor to lead them.”
About Kevin Short
Mr. Short has served in senior executive, President, and CEO roles for the past decade. Most recently, he was President of Plaskolite, a global leader in plastic sheet manufacturing with facilities in the U.S., Mexico and Europe after it was acquired by Pritzker Private Capital. Prior to this role, he was President & CEO at Polymershapes, global full-line plastics distributor with 71 locations in the U.S., Canada, Mexico and Chile after it was acquired by Blackfriars from SABIC. Mr. Short served as an Executive of North American Plastics (f/k/a Laird), a leading distributor of plastics products owned by Blackfriars. From 2016-2019, Mr. Short has served as a board member and on the executive board of National Association of Wholesaler – Distributors and Institute for Distribution Excellence.
About ORS Nasco
ORS Nasco is North America's leading wholesaler of industrial and safety supplies selling exclusively to distributors throughout North America. ORS Nasco offers access to over 200,000 sku’s of premium products from more than 600 brands for use in the industrial, welding, energy, safety, electrical, construction, HVAC, MRO, PVF, plumbing, janitorial, and rental channel markets. ORS Nasco serves rapidly growing distributor customers with a network of 16 strategically placed distribution centers nationwide and internationally.
MEDCO is North America's leading wholesale distributor of automotive aftermarket tools and collision repair products, serving both traditional distribution and mobile tool dealers. The Company operates 15 strategically placed warehouse locations across the U.S. and three locations in Canada, providing access to more than 100,000 sku’s from more than 400 manufacturers and next day/2-day delivery to more than 95% of North America.
About One Equity Partners
One Equity Partners is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 180 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, and Frankfurt.
For more information about ORS Nasco visit http://www.orsnasco.com
For more information about MEDCO visit http://www.medcocorp.com
For more information about One Equity Partners visit http://www.oneequity.com