Prairie Represents PBE Jobbers Warehouse, Inc. in its Sale to National Oak Distributors, Inc.

OAKBROOK TERRACE, IL – August 9, 2021 – Prairie Capital Advisors, Inc. (“Prairie”) is pleased to announce PBE Jobbers Warehouse, Inc. (“PBE Jobbers” or the “Company”) has been acquired by National Oak Distributors, Inc. (“National Oak”). Prairie acted as exclusive financial advisor in this transaction to PBE Jobbers and its shareholders and was led by Tim Witt and Anthony Dolan of Prairie. Terms of the transaction were not disclosed.

Founded in 1976 and headquartered in Madison, Wisconsin, PBE Jobbers is a paint body and equipment wholesaler committed to customer service excellence through experience, teamwork and dedication. With its wealth of experience and industry insight, the Company delivers quick turnaround times and a comprehensive product mix for its customers. Supported by a dedicated Customer Service Department, PBE Jobbers sets itself apart by putting its time-tested PB & E specific product knowledge to work for its customers every day.

Founded in 1995 and headquartered in West Palm Beach, Florida, National Oak is the country’s premier Automotive Paint, Body and Equipment (PBE) warehouse distributor. National Oak continually strives to provide innovation and dependability to drive its customers’ performance and profitability. Since its inception, National Oak has dedicated itself to one main goal—to earn the trust of its customers while building long-term relationships through shared success.

“We are pleased to have advised PBE Jobbers on this transaction. We believe that the Company’s vast product knowledge and industry insight will enhance National Oak’s capabilities and, on a combined basis, will be a tremendous force in the auto body shop supplies distribution industry,” said Tim Witt, Managing Director at Prairie. “This transaction represents another successful assignment completed by Prairie’s Investment Banking group as buyers see the tremendous value in acquiring premium ESOP companies and surrounding themselves with the right advisors to help ensure a successful outcome,” added Anthony Dolan, Managing Director at Prairie.

Prairie Capital Advisors, Inc.
One Lincoln Centre
18W140 Butterfield Rd, Ste 800
Oakbrook Terrace, IL 60181

Media Contact
Wendy Gugora, Director of Marketing
Prairie Capital Advisors, Inc.
630.413.5574
wgugora@prairiecap.com

About Prairie Capital Advisors
Prairie offers investment banking, ESOP advisory, valuation advisory and financial reporting valuations to support the growth and ownership transition strategies of middle-market companies. Headquartered in Oakbrook Terrace, Illinois, the company is a leading advisor to closely-held companies nationwide. Prairie was named the 2021 U.S.A. Valuations Firm of the Year by M&A Atlas. For more information, visit www.prairiecap.com.

This release was published on openPR.