American Securities Acquires Leading Distributor of Coal Mining Supplies

United Central is the largest coal mining supply distribution company in the United States and Canada. The company serves all major underground coal producers in North America through its network of 23 branch locations, the broadest geographic footprint of any coal mining supplies distributor. United Central provides mining operations across the Midwest, Appalachian, and Western regions with a comprehensive range of products. The company is headquartered in Bristol, Virginia. United Central's management team will continue with the company and is investing in partnership with American Securities.

Darrell Cole, President and Chief Executive Officer of United Central stated, "Our company has earned the respect of the coal mining industry through dedication and focus over the last 32 years. We are looking forward to partnering with American Securities because of the way in which the firm brings its resources to bear to support the long-term growth of its portfolio companies.

Matthew LeBaron, a Managing Director at American Securities, explained why the firm is partnering with United Central. "United Central is exactly the type of business in which American Securities likes to invest - it is the clear market leader, with a strong management team and outstanding growth prospects. The company has consistently outperformed its peers and grown rapidly in recent years, through organic growth and acquisitions. It provides customers with the premier brands in each product category and delivers them with the highest standards of service. We look forward to working with the outstanding management team of United Central as the company continues to grow.