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Crescent & Sprague Supply Co., Inc. | Equity Partners HG
The Company Crescent & Sprague Supply Co., Inc. Marietta, OH based, 119 year old, wholesale and industrial distributor of electrical, plumbing, HVAC, and waterworks supplies. The Challenge The Company’s current asset based lender arrangement was not adequate to enough to allow them to fulfill purchase orders on hand, which created significant revenue deterioration and cash …