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Murdoch’s buys Quality Supply stores in Montana

Murdoch’s Ranch & Home Supply, locally owned and headquartered in Bozeman, Montana, will acquire Quality Supply (headquartered in Missoula, Montana) with store locations in Butte, Dillon, Hamilton and Missoula, Montana. The transaction will close June 14, 2011 and all Quality Supply locations will become Murdoch’s Ranch & Home Supply.
After 30+ years of dedication, Quality Supply owners, Dave and Suzanne Peterson, recognized they were nearing retirement and pro-actively sought out an opportunity to sell their business as part of a planned exit strategy.

Dave Peterson, Owner and President of Quality Supply, stated "We’re proud to announce the deal after spending the past year seeking out a ‘best-fit’ buyer to purchase our stores. It was important to Suzanne and me that we find a buyer who had similar values, understood the industry and was capable of growing and evolving the Quality Supply legacy we’ve invested in all these years. We’re confident that Murdoch’s will do an exceptional job as the new owners."

Quality Supply and Murdoch’s have a lot in common, including: a focus on western lifestyle products, the understanding that delivering outstanding customer service is essential to success in retailing, a commitment to philanthropic support in their local communities, and last but not least, that the employees are the core of a successful business. And, like Quality Supply, Murdoch’s is a Montana-owned company.
Murdoch’s has committed to offering nearly 95% of Quality Supply’s 175 employees, almost all of which work in Quality Supply stores or distribution center, an opportunity to transition and continue working as employees of Murdoch’s.

Rick Ungersma, President of Murdoch’s Ranch & Home Supply, stated "This opportunity is very exciting for many different reasons. Dave, Suzanne and their team have built a successful company that does so many things well which strengthens our organization. We are able to bring over 160 new team members into our company with years of experience and expertise. And since Murdoch’s, like Quality Supply, is based in western Montana, we believe our product lines and understanding of our customers mesh well with what Quality Supply has been doing for over 30 years."

With the purchase of the four (4) Quality Supply stores, Murdoch’s Ranch & Home Supply doubles the number of store locations it currently has in Montana. In total, Murdoch’s will now serve 21 communities spanning four states which include Montana, Colorado, Wyoming, and Nebraska with a 22nd store slated to open in Parker, Colorado in the Fall of 2011. By the end of 2011, Murdoch’s will employ nearly 1,000 people.

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