ASAP acquires tools supplier Romac Industrial Parts

Retail
Written By Rick Watson

ASAP is a North American supplier of replacement agricultural and construction parts.

Romac specializes in replacement ground engaging tools (“GET”) including bucket teeth, blades and rubber tracks utilized on excavators, graders, bulldozers and other heavy construction equipment.

This acquisition continues the trend of private equity being interested in accelerating industries like tools and auto parts through digital commerce.

PE Hub: Kinderhook-backed ASAP acquires tools supplier Romac Industrial Parts

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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