Merger of BradyPLUS and Imperial Dade

Kelso & Company and its affiliate funds ("Kelso") are pleased to announce that we have signed definitive documentation to merge BradyPLUS (a Kelso Fund X Portfolio Company) with Imperial Dade.  Imperial Dade is a Jersey City, NJ based distributor of Foodservice and Janitorial Supplies with operations in the U.S. and Canada.  Ken Sweder, CEO of BradyPLUS since 2020 and Kelso Specialist Network (“KSN”) member, will lead the combined company on a go forward basis. 

Upon completion of the transaction, the combined company’s breadth of offerings will strengthen its customer value proposition through a broader network and coverage, greater product offerings, and expanded service capabilities.

The transaction is expected to close in the coming months, subject to regulatory approval and customary closing conditions. Further details can be viewed in the press release linked below.