For its fiscal year ended Oct. 31, Hisco had sales in excess of $400 million and adjusted EBITDA of about $29 million.
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DSG will pay $269 million at closing for Hisco, which was No. 39 on MDM's 2022 Top Industrial Distributors list.
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The move would allow DSG to register one or more future offerings of up to $500 million of equity and debt securities of the company.
That included $430 million in revenue from Lawson Products, up 15.6% vs. 2021.
Munich, Germany-based Instrumex is a distributor of test and measurement equipment.
Bob Zamarripa was OneSource Distributors’ Chairman and CEO until 2013 and has served on numerous other boards of leading industrial distributors and manufacturers.
Lawson Products changed its name to Distribution Solutions Group after merging with TestEquity Gexpro Services in April.