Ambassador Enterprises, a legacy-minded private equity firm based in Fort Wayne, Indiana, has announced the acquisition of Hixwood Metal, Inc., by its affiliate, Ambassador Supply. The purchase strengthens Ambassador Supply’s growing materials and post-frame businesses and expands its market to include Wisconsin.
Based in Stanley, Wisconsin, Hixwood Metal is a respected industry leader that manufactures and distributes post-frame building supplies and offers full-design services for roofing, commercial contractors, and the retail market.
“We’re excited to welcome Hixwood Metal into the Ambassador Supply family as the company continues its dedication to the quality and service that made them a leader in post-frame materials,” said Brad Crawford, president of Ambassador Supply. “Together with Ambassador Supply leadership, Hixwood can continue to grow its legacy of trust, expertise, quality, and service.”
Bob Vitoux, Private Equity leader at Ambassador Enterprises, stated, “This acquisition is exactly the type of legacy investment that we and our affiliates seek. One that can accelerate Hixwood’s growth, continue to offer their customers the unprecedented expertise and service for which they’ve become known, and cultivate their legacy and impact in their community.”