# Rexel agrees to sell Gexpro Services to LKCM Headwater

Rexel signed an agreement to sell its Gexpro Services supply chain business to private investment firm LKCM Headwater, with closing expected in Q1 2020. Gexpro Services has about 400 employees and sales of about USD 260 million.

- Type: Acquisition
- Announced: 2019-12-31
- Where: United States
- Status: announced
- Products: C-Part products such as fasteners, fabrication and electrical components, integrated supply chain solutions

## Companies

- [Rexel](https://endata.com/companies/5955.md) (partner)
- [LKCM Headwater Investments](https://endata.com/companies/5956.md) (acquirer)
- [Gexpro Services](https://endata.com/companies/5957.md) (target)

## Sources

- [gexproservices.com](https://gexproservices.com/news/rexel-signs-agreement-to-sell-its-gexpro-services-business-to-lkcm-headwater/), 2019-12-31: "Rexel and US-based private investment firm LKCM Headwater Investments ("LKCM Headwater") announced today that they have signed an agreement for LKCM Headwater to acquire the Gexpro Services business from Rexel."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.