MSC Holdings, Inc. acquires Wholesale Specialties, Inc.

Press contacts:
Jennifer Williams
Morrison Supply Company
+1 (817) 870-2227
jwilliams@morsco.com

MSC Holdings, Inc. acquires Wholesale Specialties, Inc.
Acquisition expands MSC Holdings’ footprint into Colorado

[Fort Worth, TX - February 18, 2014] – MSC Holdings, Inc., parent company to Morrison Supply Company, Express Pipe & Supply, and Farnsworth Wholesale Company, is a leading wholesale distributor of plumbing and builder products throughout the West and Southwest. Today MSC Holdings announced that it has acquired the assets of Denver, Colorado-based, Wholesale Specialties, Inc. As one of the largest plumbing supply businesses in the Denver and surrounding markets, Wholesale Specialties will continue to operate under its existing management and brand name. Recognized for superior customer service, due to an extremely focused and experienced team throughout their organization, Wholesale Specialties is a great addition to the MSC Holdings group. Ron, Sandy, Bobby and Bryan Schiff will continue to operate Wholesale Specialties in the same successful format they have today.

Chip Hornsby, Chief Executive Officer of MSC Holdings said, “We welcome Wholesale Specialties to our growing family of companies throughout the West and Southwestern US. We share the commitment of Wholesale Specialties to continue to provide their customers with great value and excellent service. We look forward to growing our presence in Colorado through the leadership of Wholesale Specialties.”

On behalf of Wholesale Specialties, Ron and Sandy Schiff issued the following statement:

This acquisition of Wholesale Specialties by MSC represents the culmination of 40 years of hard work by our family and our employees. We are very proud of what we have accomplished and the legacy that we have established, none of which would have been possible without those great employees and our loyal customers and vendors. We look forward to continuing to provide great service to the Colorado and surrounding markets as part of what is already an extremely talented team led by Chip Hornsby.
MSC’s acquisition of Wholesale Specialties expands the company’s footprint into Colorado and underscores the continuing strategy of growth through acquisitions and the opening of new locations.

About Morrison Supply, Express Pipe & Supply and Farnsworth Wholesale Company

Founded in 1917, Morrison is now the largest distributor of plumbing supplies in the Southwest United States. The company has 90 branches and showrooms, located in Texas, New Mexico, Oklahoma, Louisiana, Arkansas, and Kansas. Morrison has several lines of business, including
plumbing, heating, ventilation and air conditioning (HVAC), industrial pipes, valves & fittings, oil & gas and waterworks. For more information, please visit the Morrison website at www.morsco.com.

Express Pipe & Supply was founded in 1994 and is a leading plumbing wholesale distributor in Southern California. The company operates 13 branch locations stretching from Van Nuys to Chula Vista, CA. For information, please visit the Express website at www.expresspipe.com.

Farnsworth Wholesale Company was also founded in 1994. The company operates five locations in the greater Phoenix area. Please visit the Farnsworth website at www.fwcaz.com for more information.