Tubelite and Denco, two super regional leaders in the wholesale distribution of equipment and supplies used by visual communications providers, including sign manufacturers, digital and screen printers, vehicle wrap companies, and the window film industry are pleased to announce their strategic merger to create a national supplier to the U.S. sign market.
Both family-owned companies are excited to be joining together to create a national footprint that builds on the strengths they provide to their customers.
Denco Sales was founded in 1953 and is headquartered in Denver, Colorado. Denco currently operates 8 locations in the western United States, with branches in Colorado, New Mexico, Idaho, Washington and Oregon, plus 3 locations in California.
Tubelite was founded in 1925 and currently operates 10 locations in 8 states including Florida, Alabama, North Carolina, Tennessee, Indiana, Ohio, New Jersey, and Arizona.
Greg McCarter, president of Tubelite, and Ken Von Wald, president of Denco, have regularly talked about how strong the organization would be if they brought their east coast and west coast businesses together. They are excited about being able to do this now and are committed to serving their teams, and customers going forward. Their respective leadership teams will be active and continue to be engaged in running the merged company.
The combined company will be uniquely positioned to provide superior customer service and broaden the channels and customers it serves through increased scale, expanded product offerings and employment of digital initiatives.
Effective January 1, 2021, Ken Von Wald, president of Denco Sales Company will become Chief Operating Officer of the combined companies under Tubelite Holdings umbrella. Greg McCarter will continue serving as CEO.
“We’re thrilled to join forces with Denco as they have been a friendly competitor for as long as I can remember, I have admired the way Ken has grown Denco into one of the most admired distributors to the visual graphics industry” said Greg McCarter, CEO of Tubelite. “Their sterling track record, and impeccable reputation with their customers and vendors, will enable both our companies to increase scale through the US and offer best-in-class products, service and support with a national footprint.”
Ken Von Wald stated, “As our industry continues to see consolidation, our customers continue to desire better customer service on a national level. We believe that together we have the most knowledgeable teams in our industry and will be able to provide the customer service that our customers crave.”
“Our existing talented teams are what will make this merger a success,” says McCarter. This new joined company will provide a strategic advantage to be more competitive on a national scope, so that the new organization can serve their existing customers even better than before and provide opportunities for all of their employees.