Parties
Company
Distribution Solutions Group, Inc.
Company
Source Atlantic Limited
Distribution Solutions Group, Inc. (DSG), a premier specialty distribution company, announced the closing on its previously announced agreement to acquire Source Atlantic Limited through its affiliate Lawson Products Canada, Inc.
Additionally, on August 14, 2024, DSG entered into an amendment to its Amended and Restated Credit Agreement, dated April 1, 2022, increasing the borrowing capacity thereunder from $805 million to $1.06 billion, of which $255 million is structured as a revolving credit facility and $805 million is structured as a senior secured loan.
Miller Thomson advised DSG with a team led by Max Spearn and Adam Bata (Corporate/M&A) and comprised of Julia Zanetti and Christopher Fallis (Corporate/M&A), Eric Dufour (Competition), Tamara Farber (Environmental), Karen Durell (Intellectual Property/Privacy), Barry Horne (Tax), Michelle MacGillivray, Greg Bush (Employment), Hugh Wright (Pensions and Benefits), Katherine Cavan, Sean Bryden, Arthur Opalinski and Kyle Bertsch (Real Estate).
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
15 August 2024