Distribution Solutions Group Acquires GradeEight Holdings
Distribution Solutions Group (DSGR) has announced a definitive agreement to acquire GradeEight Holdings, LLC. The acquisition will expand DSGR's presence in the maintenance, repair, and operations sector while enhancing its geographic distribution network. Financial terms of the deal were not disclosed. GradeEight is reported to generate approximately $110 million in annual sales. Management expects the transaction to be accretive to earnings before interest, taxes, depreciation, and amortization (EBITDA), signaling a positive financial impact for DSGR post-acquisition.
Tickers: $DSGR
Topics: Distribution Network Expansion M&A