Jersey City-based Imperial Dade and BradyPLUS’ merger is now final, creating a distribution platform that offers janitorial and sanitation, foodservice and industrial packaging products.
The two now have expanded scale, product offerings, and geographic reach for customers.
Jason Tillis, chief executive officer of Imperial Dade, has been appointed chief executive officer of the combined company. Ken Sweder, chairman and chief executive officer of BradyPLUS, will continue to serve on the Board of Directors and is working with Tillis to support a smooth leadership transition.
Additionally, Manny Perez de la Mesa has been appointed chairman of the Board of Directors. Perez de la Mesa has more than four decades of leadership experience across global, publicly traded companies. He previously served as president and chief executive officer of Pool Corporation for nearly two decades and has been a longstanding board member of Imperial Dade.
Bain Capital Private Equity, LP, Kelso & Company, LP, Advent International, LP, Warburg Pincus LLC, Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA), the Tillis Family, and management are among the shareholders who will continue to represent the Board of Directors. All existing capital partners will remain invested in the combined company and have representation on the Board of Directors.
Jefferies, Goldman Sachs, and Kirkland & Ellis, LLP served as advisors to Imperial Dade. Harris Williams and Debevoise & Plimpton, LLP served as advisors to BradyPLUS.
