Bent Grass Holdings, Inc. announced it has acquired M&M Merchandisers, Inc., a pioneer in wholesale distribution for the Pawn industry.
The company will continue to operate under the M&M Merchandisers name but with new leadership at the helm. Bent Grass Holdings, Inc. finalized the asset purchase Monday Oct 23, 2017 for an undisclosed purchase price. Craig Harrison of Bent Grass Holdings, Inc. will lead the company as the new CEO. Harrison is a 20+ year veteran in the retail industry, having led thousands of employees with primarily big box retailers such as Lowes, Cabelas and most recently, Golfsmith International.
Changes at M&M began immediately with the consolidation of distribution centers into the Fort Worth facility. M&M Merchandisers operated warehouses in both Atlanta, Georgia and Fort Worth, Texas.
Harrison stated, ‘The consolidation of distribution centers puts us in a position to serve our customers more efficiently by providing faster service, increased buying options and reduced shipping costs’. ‘This also puts the company as a whole, in a more profitable position overall’ he added.
Harrison and the M&M Merchandisers team are looking to capitalize on the wholesale industry as the retail landscape begins to consolidate.
B2B customers are becoming increasingly interested in multi-channel purchasing options similar to what B2C customers enjoy in today’s rapidly changing marketplace. With US B2B ecommerce expected to grow to $1.1 trillion by 2020, a key focus moving forward is in enhanced technology to serve our customers in the most efficient manner. It’s all about ease of purchase and speed of delivery.
‘We understand that one of the main challenges wholesalers face today is that we can no longer manage our customers and channels the way we have in the past. In order to excel, new technology and skill sets are required and we are ready for that change.’
Harrison concluded with, ‘The entire team at M&M Merchandisers is excited about the growth opportunity we have in front of us. We look forward to strengthening our current long-standing relationships as well as building many new ones.”
