What is Masters' Supply?
Founded in 1939, Masters' Supply, Inc. has evolved into a leading wholesale distributor, initially aiming to be Louisville's exclusive plumbing and industrial wholesaler. The company has expanded its reach with five branches, including a central distribution channel in Louisville, and operates Creative Kitchen & Bath as a subsidiary. Masters' Supply distinguishes itself as an employee-owned entity (ESOP), emphasizing a commitment to developing competent individuals and benefiting its customer base through dedicated service and comprehensive product availability across its multiple locations.
How much funding has Masters' Supply raised?
Masters' Supply has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Masters' Supply
PPP
Public-Private Partnership
What's next for Masters' Supply?
The recent major strategic investment signals a period of potential expansion and enhanced operational capabilities for Masters' Supply. As an employee-owned company with a long-standing history, this capital infusion is likely to be directed towards strengthening its distribution network, further developing its product lines, and potentially exploring new market territories. The focus on customer benefit and internal development suggests a strategy geared towards sustainable growth and reinforcing its competitive advantage in the wholesale distribution sector.
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