The Integration Group acquires Matrix Management

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The Integration Group (TIG) acquired Matrix Management, the companies announced Tuesday. 

Matrix is a Chicago-based provider of aftermarket assembly, kitting and e-commerce fulfillment solutions. 

"Since 1996, we have helped OEMs simplify complex aftermarket parts programs," says Gary Wilson, president of Matrix. "Joining forces with TIG expands the services and products we can offer to our customers." 

TIG offers solutions in assembly and kitting for dealer networks. 

"We are thrilled to welcome Matrix and its employees to TIG," says Mike Schoenfeld, CEO of TIG. "Matrix brings exceptional expertise and aligns very well with our commitment to customer service and operational excellence. This acquisition is key to advancing our mission to bring high value-added supply chain solutions to our clients." 

[RELATED: Market moves: Supplier activity picking up as key mergers finalized]

Both businesses will continue to hold customer-owned inventory in-house, offering price-stable stocking amid tariff and freight volatility, the companies say. 

"This acquisition advances our buy-and-build strategy of creating a one-stop, value-added supply chain platform," says Evan Harwood, managing partner at Maxwell Street, which owns TIG. "We will continue to deploy capital and operational expertise so TIG can extend its end-to-end aftermarket solutions and deliver measurable efficiency gains for OEMs and their dealer networks." 

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