High Road Capital Partners' portfolio company, Banner Solutions, completed the acquisition of Berg Wholesale last week, marking the fourth acquisition for the company under High Road Capital’s ownership.

Based in Tualatin, Oregon, Berg Wholesale is a wholesale distributor of door hardware, bath hardware, and security products for the residential and multifamily housing markets. In addition to its Portland-area headquarters, Berg has distribution centers near Anaheim, California, and Orlando, Florida.

Banner Solutions, formerly Midwest Wholesale Hardware, was acquired by High Road Capital Partners Fund II in February 2017. Its acquisition of Berg Wholesale follows its acquisitions of Akron Hardware, Hardware Suppliers Inc., and Strauss Lock Distributors.

“With the acquisition of Berg Wholesale, Banner Solutions further expands its geographic reach and customer base, and adds new capabilities to service the multifamily market,” said Scott Rubino, principal at High Road Capital Partners.

“We’re excited to join the Banner Solutions team and bring our customers an enhanced product offering and expanded service capabilities,” said Cathy Mick, general manager of Berg Wholesale. Ms. Mick will continue to lead the day-to-day functions of the legacy Berg Wholesale business at Banner Solutions.

Monroe Capital provided financing for the transaction.