Via press release
The Merit Group announced on Aug. 5 that there is new ownership of the company by Centre Lane Partners of NY. The company will continue to operate under the current management team and business structure.
“This is an exciting time for our company,” said Mitch Jolley, CEO of The Merit Group. “Centre Lane has a strong vision for growth and will take an aggressive approach in continuing to position us as the leading company in the sundry distribution industry. We are eager to get back to the business of being a valued partner to our vendors and customers.” (more…)