Distribution International, Houston, TX, has acquired Midwest Sales Inc. Headquartered in Saginaw, MI, MSI is a distributor of industrial and commercial insulation.
Distribution International is a portfolio company of Audax Private Equity and The CapStreet Group. The company is a value-added distributor of insulation, related specialty fabricated products and safety supplies to the industrial, commercial and marine end-markets. Together, DI and MSI serve industrial, commercial and marine customers from distribution centers in the U.S. as well as British Columbia and Alberta in Canada.
Celeste Mastin, CEO of Distribution International, said, "DI’s acquisition of MSI allows DI to expand our geographic footprint, and leverage MSI’s customer relationships; all while improving their efficiencies and employee opportunities.”
Robert Bordeaux, CEO and founder of MSI, said, "This acquisition is a positive outcome for our employees and customers. Being a part of DI allows us to leverage their relationships to expand our product offerings and geographic footprint.”