Status: Closed

Discount Drainage Supplies is the largest stocking distributor of drainage pipe and related products in Ohio including culvert pipe, PVC piping and septic supplies. FIP acquired Discount Drainage in 2018 from Jim and Pete Gory and partnered with them to build out their management team, allowing them to retire. With a new team in place, FIP supported their efforts in accelerating the company’s sales growth and increased productivity in all areas of operations.

With DDS, FIP successfully recruited a new CEO and CFO, professionalized operations, and accelerated growth. These actions generated an attractive return for investors and provided employees with a quality new partner. DDS was sold to Winsupply Inc., one of the largest distributors in the US.

The acquisition of Discount Drainage aligned perfectly with the FIP operating model. According to David Wood managing partner at FIP: “Our operating model is to actively collaborate with management teams in pursuit of sustainable growth, by providing tactical support, strategic guidance, and financial resources to be successful.”