The 2020 Mid-Year Economic Update_long

Distribution International Acquires Mechanical Insulation

Purchase helps DI expand presence in the Midwest.

Distribution International Inc., Houston, TX, has acquired Mechanical Insulation Supply Inc., Redford, MI, a distributor of mechanical and industrial insulation and accessories, HVAC products, and refractory products and accessories. Terms were not disclosed.

The acquisition expands Distribution International's network in the Midwest and expands the company's customer base, according to DI CFO Doug Waugaman.

Distribution International is a portfolio company of Audax Private Equity and The CapStreet Group. A distributor of insulation, related specialty fabricated products and safety supplies. DI serves industrial, commercial and marine customers from distribution centers throughout the U.S. and Canada.

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