Distribution Solutions Group (Lawson) to Acquire Source Atlantic Limited

July 10, 2024

Distribution Solutions Group, through its operating company Lawson Products and affiliate Lawson Products Canada, agreed to acquire Source Atlantic Limited, a Canadian wholesale distributor of industrial MRO supplies, safety products, fasteners and value‑added services. The transaction, expected to close in Q3 2024, expands DSG's Canadian footprint by combining Source Atlantic's eastern Canadian presence with Bolt Supply's western operations and is expected to be immediately accretive to DSG's adjusted EPS.

Buyers
Distribution Solutions Group, Inc. (DSG), Lawson Products, Inc., Lawson Products Canada, Inc.
Targets
Source Atlantic Limited
Sellers
Irving family
Location
New Brunswick, Canada
Transaction Type
Buyout

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