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Distribution Solutions Group, Inc. (DSGR) is a leading industrial distributor specializing in maintenance and repair supplies. Founded in 1952, the company operates through three major segments: Lawson, TestEquity, and Gexpro Services. The core of DSGR's business lies in delivering high-quality products and solutions that enhance the efficiency and productivity of its diverse clientele.
Lawson Products, a well-recognized segment within the group, focuses extensively on providing maintenance and repair supplies. Known for its personal approach and technical expertise, Lawson ensures that customers have the right parts at the right time to tackle their operational challenges. The company has been consistently listed among the 50 best companies to sell for by Selling Power Magazine and holds a prominent position in the Industrial Distribution's Big 50.
TestEquity, another key segment, is dedicated to distributing test and measurement equipment, electronic production supplies, and comprehensive tool kits. This segment serves a broad range of industries including technology, aerospace, defense, automotive, electronics, education, and medical. TestEquity stands out by providing critical solutions and products that support technical and operational excellence.
Gexpro Services further broadens DSGR's portfolio. This segment offers supply chain services and specialized inventory management to a spectrum of industries, ensuring efficient and reliable supply chain operations. Gexpro Services is instrumental in optimizing parts availability and reducing downtime for its customers.
DSGR has demonstrated robust financial health and continues to forge strategic partnerships to expand its market presence. Its commitment to operational excellence and customer satisfaction makes it a pivotal player in the industrial distribution sector.
For more detailed information about Distribution Solutions Group, Inc., visit their official website at www.lawsonproducts.com.
Distribution Solutions Group (DSGR) announced that its subsidiary, Lawson Products Canada, signed an agreement to acquire Source Atlantic The transaction, expected to close in Q3 2024, will expand DSG's footprint in the Canadian MRO market. Source Atlantic, based in Saint John, New Brunswick, generated CAD$250 million in sales last year. The acquisition will combine Source Atlantic’s Eastern Canadian operations with Bolt Supply’s Western presence, enhancing DSG’s market position in North America. The deal will be funded through DSG's cash and credit facility and is expected to be immediately accretive to adjusted EPS.
Distribution Solutions Group (NASDAQ: DSGR) will participate in the 14th Annual East Coast IDEAS Conference on June 12, 2024, at the Jay Conference Center in New York City. The company will conduct 1x1 investor meetings throughout the day and present from 11:30 a.m. to 12:05 p.m. ET, with the presentation webcasted on their website's IR section. DSG, formed through the merger of Lawson Products, Gexpro Services, and TestEquity, offers specialized distribution solutions to various sectors like MRO, OEM, and industrial technologies. Serving approximately 180,000 customers globally, DSG aims to enhance productivity and efficiency with expert technical support and reliable delivery.
Distribution Solutions Group, Inc. (NASDAQ: DSGR) announced their participation in two upcoming conferences, the 18th Annual Barrington Research Virtual Spring Investment Conference on May 16, 2024, and the KeyBanc Capital Markets Industrials & Basic Materials Conference on May 30, 2024.
The company aims to provide high-touch, value-added distribution solutions to various markets, serving around 180,000 customers globally with a workforce of 3,700 employees. DSG ships products from distribution centers worldwide to increase productivity and efficiency for their customers.
Distribution Solutions Group, Inc. (NASDAQ:DSGR) reported a 19.5% increase in first-quarter revenue to $416 million, driven by acquisitions. The company's organic sales were soft, but two-year stacked organic revenues grew by 4.7%. Adjusted EBITDA margin improved to 8.7%, and the company remains focused on inorganic growth through acquisitions.
Distribution Solutions Group, Inc. (NASDAQ:DSGR) announced the acquisition of S&S Automotive, enhancing Lawson Products' position in the automotive repair parts market. The acquisition combines the strengths of both companies to offer a wider range of auto-related supplies and services to dealerships and collision repair centers. With annual revenues of approximately $40 million, S&S Automotive is expected to be accretive to DSG's adjusted EPS and EBITDA margins. The acquisition reflects DSG's strategic vision of becoming a leading multi-platform specialty distribution company dedicated to serving diverse end markets.
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