WILsquare Capital-backed Automotive Color & Supply has acquired Ohio Paint Supply, a distributor of automotive and industrial paint products. The transaction represents WILsquare's fourth acquisition within its automotive paint distribution platform. Automotive Color & Supply operates from Fort Wayne, Indiana, with regional distribution locations across Indiana, Illinois, and Ohio.

Ohio Paint Supply brings established customer relationships in the automotive paint sector. This acquisition expands Automotive Color & Supply's geographic footprint and strengthens its position in the Midwest market under CEO Josh Byers. WILsquare Capital has been actively consolidating the fragmented automotive paint distribution space through multiple platform acquisitions.

The deal reflects ongoing private equity interest in specialized industrial distribution companies. Consolidation in this sector allows firms to achieve operational efficiencies and broader market reach. With four acquisitions completed, WILsquare continues building scale in automotive supply chains while maintaining a focused regional strategy.