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Foundation Investment Partners Completes Acquisition of Spartan Tool Supply in Columbus, Ohio

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Foundation Investment Partners Completes Acquisition of Spartan Tool Supply in Columbus, Ohio


CHAGRIN FALLS, Ohio, March 11, 2024 /PRNewswire/ — Foundation Investment Partners is pleased to announce the successful acquisition of Spartan Tool Supply, a premier distributor of industrial power tools and equipment based in Columbus, Ohio. Terms of the transaction were not disclosed. 

For over 45 years, Spartan Tool Supply has served as a trusted supplier of high-quality commercial tools and equipment to businesses across various industries. With a strong focus on customer service and reliability, Spartan Tool Supply has built enduring relationships with clients throughout Central Ohio.

“We are thrilled to welcome Spartan Tool Supply into the Foundation Investment Partners family,” said David Wood, Managing Member of Foundation Investment Partners. “Spartan’s reputation for providing leading industrial brands and stocking unique, hard-to-find consumables and accessories align perfectly with our dedication to delivering exceptional value to our customers.” FIP plans to leverage its deep experience in the industrial distribution space to create value immediately.

Under the ownership of Foundation Investment Partners, Spartan Tool Supply will continue to operate autonomously, augmenting its existing workforce with industry veteran Derek Elbaor as CEO. The acquisition will provide Spartan with access to new resources and expertise to expand the team, enter new markets and build upon the Company’s success. 

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“We are excited about the opportunities that lie ahead as part of Foundation Investment Partners,” said Derek Elbaor. “With their support, we are confident that we can further elevate our capabilities and better serve our customers while staying true to the principles that have guided us for decades.”

About Foundation Investment Partners

Foundation Investment Partners is a private equity firm focused on building companies that account for the well-being of our people, recognizing that the cared for and empowered are more likely to outperform. FIP focuses on investing in niche manufacturers, high value-added distributors, outsourced business service providers, and niche software developers with EBITDA levels of $1 million to $10 million. FIP’s operating model focuses on embedding our team with the owners or operators of smaller businesses to provide the support, guidance, and resources necessary to grow the business. For more information, please visit www.foundationpartners.net

Contact:

David Wood

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Founder & Managing Member

Foundation Investment Partners

[email protected]

(440) 903-1791

SOURCE Foundation Investment Partners

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Ohio Lottery Mega Millions, Pick 3 Midday winning numbers for March 3, 2026

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The Ohio Lottery offers multiple draw games for those aiming to win big.

Here’s a look at March 3, 2026, results for each game:

Mega Millions

Mega Millions drawings take place every week on Tuesday and Friday at 11 p.m.

07-21-53-54-62, Mega Ball: 16

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Check Mega Millions payouts and previous drawings here.

Pick 3

Drawings are held daily, seven days a week, at 12:29 p.m. and 7:29 p.m., except Saturday evening.

Midday: 5-4-7

Evening: 5-5-9

Check Pick 3 payouts and previous drawings here.

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Pick 4

Drawings are held daily, seven days a week, at 12:29 p.m. and 7:29 p.m., except Saturday evening.

Midday: 0-0-0-4

Evening: 9-4-6-2

Check Pick 4 payouts and previous drawings here.

Pick 5

Drawings are held daily, seven days a week, at 12:29 p.m. and 7:29 p.m., except Saturday evening.

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Midday: 0-1-8-0-0

Evening: 8-6-0-3-3

Check Pick 5 payouts and previous drawings here.

Rolling Cash 5

Drawings are held daily, seven days a week, at approximately 7:05 p.m.

01-18-27-30-31

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Check Rolling Cash 5 payouts and previous drawings here.

Millionaire for Life

Drawings are held daily, seven days a week, at approximately 11:15 p.m.

09-10-13-25-54, Bonus: 05

Check Millionaire for Life payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

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This results page was generated automatically using information from TinBu and a template written and reviewed by an Enquirer digital news director. You can send feedback using this form.



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Ryan Day explains Arthur Smith’s hiring as Ohio State coordinator

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Ryan Day explains Arthur Smith’s hiring as Ohio State coordinator


Ryan Day explained the hiring process that led to former Falcons head coach and NFL assistant Arthur Smith becoming the offensive coordinator of Ohio State football.

Appearing as a guest on “The Jim Rome Show” March 3, Day emphasized the importance of hiring a someone with an extensive body of work to coach the Buckeyes’ offense.

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“When Brian [Hartline] moved on to South Florida [we] wanted to go bring in somebody with great experience,” Day said.

Day said the Buckeyes first looked at coaches with collegiate coordinator experience, then the NFL. Smith’s three-year tenure as a head coach in the NFL, along with his extensive time with the Tennessee Titans as an assistant and offensive coordinator, made him stand out as a candidate, Day said.

“…[I] had a chance myself to sit down and talk with him. It was excellent,” Day said. “He’s a great communicator, very intelligent, and really loves the game of college football. 
When you hear a story about growing up and how much time he spent around college football, you could just see it in his eyes.”

Day added that the new role has been almost “refreshing” to Smith when given the chance to work with college players and young talent.

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Smith has spent the majority of his coaching career in the NFL. He served a year as a graduate assistant at North Carolina, his alma mater, and brief stint with Ole Miss as an administrative assistant.

Smith was then hired by his hometown Titans in 2011 and spent the the rest of the decade with them, rising from quality control coach to assistant offensive line coach to tight ends coach. Promoted to offensive coordinator in 2019, he led Mike Vrabel’s Titans to proficient offensive seasons with running back Derrick Henry.

Day said hiring Smith will allow him to take a back seat on the offense.

“It was great to have Matt [Patricia] on defense, and Brian [Hartline] did a great job as well, but I think this year will allow me to even step back even more and try to do as much as I can from the head coaching seat,” Day said.

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After Hartline accepted the South Florida head coaching job, Day stepped in to call plays during the Cotton Bowl against Miami. Ohio State lost 24-14.

Smith joins Buckeyes defensive coordinator Matt Patricia as an Ohio State coordinator hire with previous NFL head coaching experience. Smith went 21-30 as the head coach of the Falcons for three years.



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Woman dies after saving grandchild playing in driveway from out-of-control car, Ohio officials say

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Woman dies after saving grandchild playing in driveway from out-of-control car, Ohio officials say


A woman in Pickaway County, Ohio, died after moving a child out of the way of an out-of-control car, authorities said.

The Pickaway County Sheriff’s Office said in a post on Facebook that 52-year-old Laura J. Hammond of Mt. Sterling was fatally struck by the vehicle on Feb. 27 on Walnut Creek Pike in Circleville.

The sheriff’s office said officials were called to the area for a report of a crash around 10 a.m. At the scene, investigators learned that the driver of a Nissan Sentra was headed southbound on Walnut Creek Pike when they went off the west side of the road. The car then careened through two yards before hitting a Chevrolet Equinox parked in the driveway of a home, officials said. 

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The Nissan, at the same time that it smashed into the Chevrolet, hit Hammond, pinning her between the two vehicles. Before being hit, the sheriff’s office said Hammond moved a child out of the way, which “more than likely saved his life.” CBS affiliate WBNS reported that the young child Hammond saved was her grandson.

“Laura actually picked up the child and tossed him. At the end of the day, it saved his life,” Pickaway County Sheriff’s Office Capt. John Strawser told the news outlet. “And when Laura tossed him, very unfortunately, she took the brunt of the vehicle.”

Hammond was taken to a local hospital, where she was pronounced dead. The young child was taken to a local hospital and treated for non-life-threatening injuries. 

The driver of the vehicle was also taken to a local hospital with non-life-threatening injuries. 

The Pickaway County Sheriff’s Office and the Ohio State Highway Patrol are investigating the crash. The sheriff’s office did not release any additional information about the crash. 

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