The offering was in response to investment demand following $3 billion raised earlier this month in two private placement rounds.
QXO Issues $750M Stock Offering, Preliminary 4Q Financials Read More »
We’re off Monday in observance of Martin Luther King Day in the U.S., so Update will be back in action Tuesday morning.
No MDM Update Newsletter Monday Read More »
The acquisition strengthens Klipboard’s SaaS presence in the U.S. wholesale distribution market.
U.K.’s Klipboard Acquires U.S.Distribution-Focused ERP Platform Savance Read More »
MDM’s latest whitepaper — in partnership with OroCommerce — provides practical case study examples to show what technology debt looks like in practice and how distributors can unify and consolidate the tools they need to get their commerce foundation under control. Get the synopsis here.
The Silent Cap on Growth: Why B2B Tech Stacks Stop Scaling Read More »
The deal adds Midwest battery expertise and commercial fleet coverage to DDG’s platform.
Driven Distribution Group Acquires Battery Service Corp. in Chicago Read More »
Miles Ahead Brands launched Milestone as a unified, end-to-end solution designed to simplify the sourcing, selling and movement of aggregate materials.
Milestone Supply Launched as Aggregate Distribution Platform Read More »
Sales grew at a much stronger rate outside of the company’s Germany-base.
Würth Group Annual Sales Top $24B for New High-Water Mark Read More »
It follows the company’s opening of a large DC near Fort Worth in early 2025.
Lennox Further Expands its HVAC Distribution Capabilities with New DC in Kansas Read More »
AmChem is a distributor of industrial and specialty cleaning chemicals based in Atlanta.
Meyer Lab Acquires Distributor AmChem Industrial Read More »
Divested from Grainger in late 2023, metalworking and industrial supplies distributor E&R Industrial is entering a new chapter marked by independence, modernization and rapid expansion. CEO Joe Stephens stops by the MDM Podcast to tell us about what the company’s next couple years might look like, as well as his broader thoughts on relationship selling, what it means to be tech-enabled and the role of vending today.
From Grainger to Growth Platform: E&R Industrial Charts its Independent Future Read More »
The construction and contractor supplies distributor expanded considerably under Bertram Capital over the past three-plus years.
NEFCO Sold from One PE Firm to Another Read More »
The bank said the resilience reflects better-than-expected growth — especially in the United States, which accounts for about two-thirds of the upward revision to the 2026 forecast.
World Bank Lifts U.S. & Global Growth Outlook Amid Resilient Trade, AI Investment Read More »
Core PPI was flat for the month, while posting the largest YoY increase since March 2025.
November’s PPI Sees Modest Monthly Gains While YoY Tops Expectations Read More »
Dallas-based Vector said it has partnered with Spectrum Resource, which is a D10 distributor and contractor with branches in Dallas and Houston.
The new CEO will succeed Stanley Bergman, who has led the pharmaceuticals and healthcare products distributor for the past 35 years.
Henry Schein Taps Former Thermo Fisher Exec as New CEO Read More »
The newly-created role will lead Border States’ enterprise-wide digital strategy, accelerating value creation through technology, data and process modernization.
Border States Appoints Digital Transformation Leader Read More »
First Supply adds four branch locations across the Chicagoland area and 48 team members.
First Supply Expands Chicagoland Presence with Acquisition of Able Distributors Read More »
Meanwhile, core inflation’s year-over-year rise slightly trailed economists’ forecast.
December U.S. Consumer Inflation Holds Steady as Expected Read More »
AE Global said that, with the addition, the company’s industrial packaging division is now the largest industrial packaging sales and service organization in Florida.
AE Global Acquires Fellow Distributor Sun Packaging in FL Read More »
Following a $1.2 equity commitment announced a week earlier, the financing suggests QXO expects to land its second acquisition soon.
QXO’s War Chest Jumps with Another $1.8B in New Funding Read More »
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