How Much Did Johnston Supply Raise?
Funding & Key Investors

Johnston Supply has solidified its market position through a significant capital infusion, bringing its total funding to $350K. This latest injection of $350K represents a major strategic investment aimed at bolstering the company's operational capacity and regional distribution footprint. As a long-standing entity in the wholesale sector, this financing underscores the firm's resilience and its ability to attract substantial backing even in competitive industrial landscapes.

What is Johnston Supply?

Johnston Supply
RetailHome Improvement & Hardware Retail

Founded in 1932 and headquartered in Marion, Ohio, Johnston Supply, Inc. operates as a premier independent wholesale distributor. The company specializes in serving professional contractors across the residential and light commercial sectors. With a robust service network spanning Northern Ohio, Southern Michigan, and Northeastern Indiana, the firm provides critical expertise in product selection, system sizing, and design. Their comprehensive portfolio includes plumbing, HVAC, radiant heat, water filtration, and specialized water well pump applications, positioning them as a vital link in the regional construction and maintenance supply chain.

How much funding has Johnston Supply raised?

Johnston Supply has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Johnston Supply

PPP

Public-Private Partnership

What's next for Johnston Supply?

With the recent capital deployment, Johnston Supply is well-positioned to optimize its supply chain logistics and expand its service reach within the Midwest. The strategic focus will likely shift toward enhancing digital procurement capabilities and deepening inventory depth to meet the evolving demands of professional contractors. By leveraging this late-stage investment, the company aims to fortify its competitive advantage, ensuring that its six branch locations remain the primary resource for technical expertise and high-quality equipment in the plumbing and HVAC sectors. Future growth will likely center on operational efficiency and maintaining the high service standards that have defined the organization for over nine decades.

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Frequently Asked Questions Regarding Johnston Supply Financial Insights

What are the most recent funding rounds that Johnston Supply has completed, and what were the funding rounds?
Johnston Supply has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Johnston Supply has raised to date?
Johnston Supply has raised a total of $350K in funding to date.
How many funding rounds has Johnston Supply completed?
Johnston Supply has completed 1 funding rounds.
How much funding did Johnston Supply raise in its most recent funding round?
Johnston Supply raised $350K in its most recent funding round.
Who are the lead investors in Johnston Supply's latest funding round?
The lead investor in Johnston Supply's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Johnston Supply's history?
The largest funding round in Johnston Supply's history was $350K.
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