Distribution Solutions Group has freed up more capital to pursue continued growth.

DSG — the parent company of Lawson Products, TestEquity and Gexpro Services — announced Dec. 22 that it has amended and expanded its senior secured credit facility through 2030.

The new facility includes $700 million of term debt and a revolving credit arrangement of $400 million — a $255 million increase over the existing revolver. 

The amended facility also includes a $500 million uncommitted accordion feature compared to $300 million under the existing facility. The facility has a 5% amortization factor on the term debt portion and is due December 2030.

Pricing of the extended facility will bear interest at SOFR plus 100-275 basis points, depending on financial leverage.

“We value the strong relationships with our lender group and their continued commitment to DSG. This expanded facility enhances our access to capital, strengthens our balance sheet and provides greater financial flexibility to pursue high‑ROIC organic and inorganic opportunities,” DSG Chairman and CEO Bryan King said, noting that the existing credit facility was oversubscribed due to strong market interest and confidence in DSG’s growth plans.

Context to Note

The news came just shy of a month after DSG named former BlueLinx executive Sean Dwyer as Senior Vice President, Head of M&A and Strategy.

On MDM’s 2025 Top Distributors Lists, DSG was No. 20 for Industrial Supplies, No. 14 for MRO, No. 11 for Fasteners and on our unranked adhesives list.