About the Transaction
Philip Rosenau Co., Inc. (“Rosenau”) is a distributor of janitorial supplies to customers across Pennsylvania, New Jersey, Delaware and Maryland. Headquartered in Warminster, PA (a suburb of Philadelphia), the Company also offers packaging and foodservice disposable products. Rosenau distributes its line of premier products to building service contractors, government & education entities, health care facilities, manufacturers, and other customers.
The buyer, Imperial Dade, a portfolio company of Bain Capital, LP, is a leading distributor of janitorial supplies and disposable foodservice products across the United States and Puerto Rico. The acquisition of Rosenau will further extend Imperial Dade’s reach into key Northeast markets and enhance their offering to customers in the Mid-Atlantic region. Rosenau is the 24th acquisition for Imperial Dade.
Paramax Corporation is a FINRA-registered investment banking firm focused on advising companies and shareholders in sell-side M&A transactions to strategic buyers at after-tax optimized prices. The Rosenau transaction represents Paramax’s 5th sale in the distribution space in the past 12 months. Paramax is headquartered in Williamsville, NY with an International reach through its partnership in Globalscope Partners Ltd., a group of international corporate finance and business advisors operating globally to support M&A transactions.