Dean Dorton (formerly VonLehman) is pleased to announce the sale of Murphy Supply Company to RKCA, a merchant bank located in Mt. Adams. This sale supports RKCA’s entry into the janitorial supply business and its Cincinnati-focused investment approach. Dean Dorton (formerly VonLehman) served as the exclusive investment banker to Murphy Supply Company.
MURPHY SUPPLY COMPANY
Based in Cincinnati, OH, Murphy Supply Company was founded by H. James Murphy in 1950 and has been kept in the family ever since. Murphy Supply is a leading distributor of janitorial supply products in the Cincinnati tri-state area. The Company offers an array of janitorial supply products such as trash liners, paper products, carpet care products, dispensers, etc. Murphy Supply serves customers in the education, healthcare, and corporate end markets.
The Transaction
Murphy Supply’s sole shareholder, Jim Murphy, engaged with VonLehman’s Mergers and Acquisitions team to achieve his goals and objectives with the business. In addition to maximizing value, employee retention was a key concern of Jim’s. These objectives were achieved and consummated in this transaction.
The successful partnership will allow Murphy Supply to benefit from RKCA’s expansive network and resources, while strengthening existing infrastructure internally to amplify growth. The partnership is poised to provide Murphy Supply and its employees with the resources to accelerate their market presence.
The BUYER
RKCA is a Cincinnati-based, independent, middle-market investment bank, providing M&A advisory, capital advisory, and direct investment services uniquely tailored to the needs of middle-market businesses. RKCA has decades of deal experience covering over a billion dollars in transaction value and has personalized deal teams to leverage their proven process since its 1986 inception. RKCA brings in valuable professionals to oversee operations, provide their input on the board, and enhance the sales team.