SC&H Capital Advises Nyquist, Inc. on its Acquisition by Painters Supply & Equipment Co.

Nyquist is the premier distributor of PPG and AkzoNobel automotive paints in the Mid-Atlantic region to auto body shops, collision repair centers, and automotive dealerships. George Nyquist, President of Nyquist, purchased the company in 1979 from his parents and successfully expanded the company from a single location in Baltimore, Maryland, to its current footprint of five locations serving customers in Maryland, DC, Delaware, Pennsylvania, and North Carolina. The buyer, PSE, is a Detroit, Michigan based distributor with 45 locations throughout the Midwest and Southeast.

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Having never gone through an acquisition before, SC&H Capital provided invaluable strategic guidance throughout. Their advice on the process, valuation, and diligence support was key in getting the transaction to the finish line, despite market disruptions as a result of COVID.

George Nyquist

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Owner

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Nyquist

Transaction Leaders

Greg Hogan

Managing Director