NORCROSS, GA -- Pearlman Group (“Pearlman”), a portfolio company of The Stephens Group, LLC (“The Stephens Group”) and a leading multi-channel developer and specialty distributor of supplies, tools and equipment used in the fabrication, maintenance, cleaning and restoration of surfaces for residential, commercial and industrial end-markets, announced that it has acquired Advanced Diamond Technologies, Inc. dba Vector Tools (“Vector”). Terms of the transaction were not disclosed.
Founded in 2001 and headquartered in Alpharetta, GA, Vector is a value-added distributor of stone fabrication and installation tools and supplies operating throughout the Southeast. Vector has developed a broad product portfolio of national and propriety brands, including the Vector line of tools. Elbert Wu and Corey Levy, founders of Vector, along with the current management team and employees will continue to operate the company in partnership with the Pearlman team.