Las Vegas, NV – Brady Industries (“Brady”), a portfolio company of A&M Capital Partners II (“AMCP”), a middle-market private equity fund that is part of the Alvarez & Marsal Capital (“AMC”) platform, acquired Datek, Inc. (“Datek”), a leading regional distributor of cleaning equipment and janitorial supplies.
Founded in 1976 and headquartered in North Little Rock, Arkansas, Datek has an exceptional reputation based on quality products and strong customer relationships throughout Arkansas and its surrounding areas.
Datek complements Brady by expanding its sales channels and diversifying its geographic footprint and end-market exposure. The combination will improve Brady’s online sales channel by adding the sweepscrub.com and stockmycloset.com e-commerce platforms. Datek expands Brady’s footprint further East as well as increases its supplier network and diversifies its end-market exposure into the attractive long-term care, commercial real estate and education sectors.
Brady has been pioneering the way products and solutions are delivered to facility and foodservice professionals for more than 70 years. At the heart of Brady’s operation is a community-minded culture driven by a workforce of more than 370 employees currently in 16 locations throughout Nevada, Utah, Arizona, Arkansas, Idaho, New Mexico, Colorado, Maryland, California and Texas including its Las Vegas, Nevada headquarters.
Brady’s approach to partnership is unique by providing integrated customer support, expertise, technical support, and service across a full spectrum of customer needs including extensive facility offerings, complete dish machine and laundry machine service, equipment sales, rentals and service and foodservice supplies. Brady provides these specialized solutions for customers in key commercial market segments including hospitality, education, healthcare, government, building service contractors and more. More information on Brady can be found on the Company’s website, www.bradyindustries.com.
About A&M Capital Partners:
A&M Capital Partners, with total assets under management of $1.8 billion, is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America. AMCP Fund I held its final close in 2014 with $600 million in capital commitments. Between 2012 and 2020, AMCP Fund I invested in 32 companies to date across eight platforms. Following the success of AMCP I, in 2019 AMCP Fund II closed with $1.2 billion in commitments. AMCP has a strong and referenceable track record of serving as a trusted partner to founders, corporates and management teams, providing the capital and strategic assistance required to take businesses to the next level of success.
About Alvarez & Marsal Capital:
Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $3 billion in total assets under management across four funds and three investment strategies. The privately-owned firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world. AMC’s business model combines a focus on middle-market private equity investing with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams, corporates and business owners.