Augment Acquires Stealth Startup, Bringing AI to the $8 Trillion Wholesale Distribution Industry [Yahoo! Finance]
W.W. Grainger, Inc. (GWW)
Last w.w. grainger, inc. earnings: 4/23 08:00 am
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Source: Yahoo! Finance
Initial enterprise customers include Ewing Outdoor Supply, Insco Distributing, Brooks Safety Solutions, and Reece, with over $20 billion in total distributor revenue under management SAN FRANCISCO, April 29, 2026 BUSINESS WIRE Augment , the AI productivity platform for supply chain, today announced the acquisition of Merlin, a stealth AI company in wholesale distribution, and the integration of its capabilities into Augie, Augment's flagship AI teammate. For Augment, which has raised $110M in capital, the acquisition marks the company's entry into wholesale distribution — an industry valued at more than $8 trillion in the U.S. alone — and extends Augie's reach beyond freight brokers, shippers, and carriers into another vital link in the supply chain. Merlin was led by distribution industry veteran and Applico Capital founder Alex Moazed. The company has been operating in stealth serving initial enterprise customers with over $20B in distributor revenue under management. Moazed
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News
- Augment makes first move into $8 trillion distribution sector [Yahoo! Finance]Yahoo! Finance
- GRAINGER'S SHAREHOLDERS ELECT 12 DIRECTORS AND OTHER ANNUAL MEETING HIGHLIGHTS [TheStreet.com]TheStreet.com
- GRAINGER'S SHAREHOLDERS ELECT 12 DIRECTORS AND OTHER ANNUAL MEETING HIGHLIGHTSPR Newswire
- GRAINGER INCREASES QUARTERLY DIVIDEND BY 10% [TheStreet.com]TheStreet.com
- GRAINGER INCREASES QUARTERLY DIVIDEND BY 10%PR Newswire
GWW
Earnings
- 2/3/26 - Miss
GWW
Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- GWW's page on the SEC website