ShoreView has announced an investment in Victory Air and Equipment, LLC to facilitate the company's growth and expansion in the industrial distribution sector.
Information on the Target
Victory Air and Equipment, LLC (“Victory”) is a prominent distributor specializing in abrasives, paint, blasting equipment and accessories, along with replacement parts tailored for surface preparation and industrial painting. The company is strategically positioned to serve a diverse range of end markets, including petrochemicals, oil & gas exploration and production, industrial manufacturing, as well as marine maintenance and shipbuilding.
Headquartered in Victoria, Texas, Victory aims to expand its market footprint through geographic growth initiatives. The company has established a solid reputation in the industry, leveraging its distribution capabilities to meet the demands of various sectors effectively.
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Industry Overview in the Target’s Specific Country
The industrial distribution sector in the United States is undergoing significant transformation, driven by technological advancements and evolving customer expectations. The demand for
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ShoreView
invested in
Victory Air and Equipment, LLC
in 2023
in a Recapitalization deal