Distribution Solutions Group Acquires Hisco for $269.1M
March 31, 2023
Distribution Solutions Group (DSG) has completed its $269.1 million acquisition of Hisco, a Houston-based distributor of specialty adhesives, electronic assembly materials and value‑added supply chain services. DSG will combine Hisco with its TestEquity business to expand product and service capabilities across electronics assembly, aerospace/defense and medical end markets; the deal includes up to $12.6 million in earn-outs and $37.5 million in employee retention payments.
- Buyers
- Distribution Solutions Group, Inc.
- Targets
- Hisco (HIS Company, Inc.)
- Sellers
- Hisco employee-owners
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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