Birmingham, AL (August 19, 2025) – Founders is pleased to announce that Santie Oil Company, a premier lubricant provider servicing industrial, commercial, and automotive markets, has been acquired by RelaDyne (a portfolio company of American Industrial Partners), the nation’s largest lubricant distributor and market leader in fuel, diesel exhaust fluid (DEF), and industrial reliability services. Santie was exclusively advised by principals of Founders Advisors, LLC in this transaction.

Santie Oil Company, founded over 85 years ago, is headquartered in Sikeston, Missouri, with an additional facility in Berkeley, Missouri, serving a broad 150-mile radius across the Midwest. The company delivers exceptional products and services across multiple markets and is trusted by local, national, and international customers. Santie Oil Company distributes a diverse suite of lubricants and industrial products and operates an industry-leading e-commerce platform offering more than 3,700 SKUs, expanding accessibility and convenience for its customers. With an extensive brand portfolio, a strong reputation for reliability, a multi-faceted sourcing network, and a commitment to superior customer service, Santie Oil Company has established itself as a premier lubricant distributor in the Midwest and a respected leader in the global market.

Bruce Barnes, President and CEO of Santie, shared, “The team at Founders Advisors expertly navigated the entire sale process. They were very hands-on, and their experience in the industrial lubricants sector made them an ideal partner for our business.”

John Sullivan, Managing Director at Founders Advisors, remarked, “It was a pleasure to help Bruce and his family navigate this transaction. The Santie team has built a compelling lubricant provider in the Midwest, and we look forward to seeing what they can do as part of RelaDyne’s impressive platform.”

About Santie Oil Company

Santie Oil Company, founded over 85 years ago, is a lubricant distributor headquartered in Sikeston, Missouri, with an additional facility in Berkeley, Missouri. Santie Oil serves a broad 150-mile radius across the Midwest, delivering exceptional products and services in the industrial, commercial, and automotive markets, and trusted by local, national, and international customers. Santie Oil Company distributes a diverse suite of lubricants and industrial products, utilizing its industry-leading e-commerce platform, providing over 3,700 SKUs, helping to expand access and convenience for its customers. Find out more information about Santie Oil Company’s products and services offered by visiting its website at santiemidwest.com

About RelaDyne

RelaDyne is the nation’s largest lubricant distributor and market leader in fuel, diesel exhaust fluid (DEF), and industrial reliability services for industrial, commercial, and automotive businesses in North America. RelaDyne was formed in 2010 by the combination of four well-established industry-leading companies and has since grown to more than 190 locations by strategically acquiring other industry leaders. Our core business, focused on lubrication excellence, is accomplished through offering unmatched products and services in which we improve the reliability and efficiency of our customers’ equipment for increased profitability of their business. Through an understanding of each customer’s specific needs, our team of dedicated Associates become a valued extension of their operations. For more information, visit reladyne.com

About Founders

Founders Advisors supports its clients through deep expertise in the Industrial Distribution sector as well as a range of other Industrial, Technology, Healthcare, and Consumer sectors. Our team captures perspectives on relevant industry trends, unique competitive landscape shifts and key positioning insights to relevant investors. Should you be interested in exploring potential sale opportunities in the Industrial Distribution space or considering other alternatives, please feel free to reach out to our team.

To provide securities-related services, certain principals of Founders Advisors, LLC are licensed with Founders M&A Advisory, LLC, member FINRA and SiPC. Founders M&A Advisory, LLC is a wholly owned subsidiary of Founders Advisors, LLC. Neither Founders Advisors nor Founders M & A Advisory provide investment advice. For more information, please visit www.foundersib.com.