What is Apex Supply Company?
Apex Supply Company operates as a premier plumbing supply house and distributor, prominently situated in the Dallas Design District. It functions as a registered KOHLER Kitchen & Bath Showroom, featuring a diverse range of innovative green products alongside high-end commercial and residential fixtures across various design aesthetics. Operated by the Lerer family, the company upholds a trademark of wholesale quality and dependability. Its corporate headquarters, located in the Dallas Market Center, encompasses a 75,000 sq. ft. warehouse and central distribution area, complemented by an additional 7,000 sq. ft. for its showroom, counter sales, and offices. With an extensive network of seven locations in North Texas and one in Shreveport, Apex Supply Company, alongside its sister company Economy Supply Company, boasts a comprehensive inventory of plumbing supplies and parts, supported by exceptional counter service and showrooms. The company's legacy in the industry spans over 75 years, demonstrating a consistent commitment to service and integrity since its inception in 1933.
How much funding has Apex Supply Company raised?
Apex Supply Company has raised a total of $140K across 1 funding round:
Debt
$140K
Debt (2021): $140K with participation from PPP
Key Investors in Apex Supply Company
PPP
Public-Private Partnership
What's next for Apex Supply Company?
The recent major strategic investment into Apex Supply Company, occurring within the context of large-scale late-stage funding, positions the company for significant operational enhancements and market penetration. This capital infusion is expected to fuel strategic initiatives, potentially including the expansion of its distribution network, technological upgrades for inventory management and logistics, and the broadening of its product lines to meet evolving market demands. Apex Supply Company's established infrastructure and long-standing reputation provide a robust foundation for leveraging this new financing to solidify its leadership in the North Texas plumbing supply market and explore opportunities for further geographic or service diversification.
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