Trive Capital establishes industrial distribution company Venturi Supply

Trive Capital, a Dallas, Texas-based private equity firm, has formed Venturi Supply, an independent value-added distributor of pipe, valves, fittings (PVF), engineered products, and industrial supplies.

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Venturi Supply is the result of the acquisitions of six PVF distribution businesses—BPS Supply Group, Producers Supply Company, Tri Star Industrial, Ameripipe Supply, Industrial & Construction Enterprises, and Albuquerque Pipe & Pump Supply.

In addition to its product portfolio, Venturi Supply offers a range of value-added services and solutions, including valve actuation, custom fabrication, pipe coating and inspection, vendor managed inventory, and warehouse management. The company serves customers across a range of end markets and applications, including energy, infrastructure, food and beverage processing, construction, building mechanical, fire protection systems, and industrial manufacturing.

Venturi Supply is headquartered in Phoenix, Arizona,  with 42 locations across the US.

Michael DiMino, previously CEO of Tri Star Industrial, has been appointed CEO of Venturi, bringing over 30 years of experience leading both private and public distribution companies.

"I am excited to lead Venturi Supply and its family of businesses, which collectively comprise one of the nation's largest independent PVF distributors." says DiMino. "Venturi will build on the legacy of the six acquired businesses and continue its track record of providing our customers with industry leading service and supply chain partnership, characterized by responsiveness, flexibility, and solutions-oriented sales support, and driven by a relentless focus on operational excellence."

"The formation of Venturi creates a unique player in the PVF distribution industry, bringing together meaningful scale and a comprehensive product offering, while still prioritizing best-in-class service and support to our customers," says Jared Reyes, managing director at Trive. “Furthermore, there are ample opportunities for each of the acquired businesses to collaborate and cross-sell that will allow us to better serve our customers."