"Bryan is a team builder with an outstanding track record of success," said Steven Raich, a member of the Board of Directors of World and Main and Managing Director of private equity firm, Littlejohn & Co. "We are confident that Bryan is the right leader for our business who can leverage our strong brands and management team to drive the next stage of World and Main's product innovation, further strengthen our customer relationships, and execute on potential strategic acquisitions."
"I am excited to join World and Main's talented team and to execute on the next phase of the company's growth initiatives," said Mr. Yeazel. "World and Main has an outstanding sourcing operation, an attractive portfolio of brands, and a broad product assortment. These capabilities provide us with exceptional growth opportunities across the channels we serve. I am excited about the long-term growth prospects for World and Main."
Mr. Yeazel succeeds G. Stephen LeGraw, who served as interim CEO. Mr. Raich added that the Board of Directors of World and Main appreciates Mr. LeGraw's leadership and recognizes his significant contributions to the business during the transition period.
About Littlejohn & Co., LLC
Littlejohn & Co. is a Greenwich, Connecticut-based private equity firm investing in middle-market companies that are undergoing a fundamental change in capital structure, strategy, operations or growth that can benefit from its operational and strategic approach. The firm is currently investing from Littlejohn Fund V, L.P., which has $2 billion in capital commitments. For more information, visit www.littlejohnllc.com.
About World and Main
World and Main, LLC brings together a unique combination of product development, merchandising, and distribution solutions across the home, hardware and building supply categories. The company is headquartered in Cranbury, New Jersey and has offices in Houston, Texas; Moody, Alabama; and Wuxi, China, along with five North American distribution centers. Through its three primary divisions –World & Main stocks and distributes over 75,000 SKUs of branded and owned brands across 25 product categories. This broad basket of products, coupled with World & Main's exceptional distribution capabilities to all retail and commercial channels, enables the company to deliver on its value proposition: Delivering Simplicity. Facilitating Success. For more information, visit: worldandmain.com.
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SOURCE World and Main, LLC