Distribution Solutions Group Acquires Tech-Component Resources and ConRes Test Equipment

TestEquity (Distribution Solutions Group) Acquires National Test Equipment

June 1, 2022

Industrial Services

TestEquity, an operating company of Distribution Solutions Group (DSG), acquired National Test Equipment for approximately $7.8 million to expand calibration, refurbishment, rental and leasing capabilities. The deal, funded from DSG's existing credit facility, is expected to add more than $9 million in annual sales and over $1.4 million of adjusted EBITDA, broadening TestEquity's technical services and rental offerings.

Congruex Acquires Tower Engineering Solutions (TES) and Sorensen Companies (SCI)

May 10, 2022

Telecommunications

Congruex, a Crestview Partners-backed digital network design and build platform, has acquired Tower Engineering Solutions (TES) and Sorensen Companies Inc. (SCI). The add-on deals expand Congruex's wireless tower engineering and FTTH/OSP construction capabilities and extend its footprint into the Mountain region; financial terms were not disclosed.

Distribution Solutions Group Acquires Hisco for $269.1M

March 31, 2023

Industrial Services

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.

Lawson Products Completes Strategic Combination with TestEquity and Gexpro Services

April 1, 2022

Industrial Services

Lawson Products, Inc. completed all-stock merger transactions to combine TestEquity and Gexpro Services into a specialty distribution platform under a holding company structure. Lawson issued an aggregate of 10.3 million shares (with up to 1.7 million additional earnout shares possible) to former owners affiliated with Luther King Capital Management Corporation and J. Bryan King, who collectively now own ~75% of Lawson; the company also amended and restated its credit agreement to support the combined platform and future acquisitions.

Revolution Capital Group Acquires Contec LLC from Garrison Investment Group

November 10, 2022

Logistics & Distribution

Revolution Capital Group, a Boston-based private investment firm, has entered into a definitive agreement to acquire Contec LLC, a Schenectady, New York-based provider of forward and reverse logistics plus testing, repair and refurbishment services, from Garrison Investment Group. Financial terms were not disclosed; Garrison had owned Contec since 2012 and Revolution said it will support Contec's future growth under new ownership.

G2 Consulting Group Acquires Construction Testing Services

January 26, 2026

Engineering Services

Troy, Michigan-based G2 Consulting Group has acquired Construction Testing Services (CTS), a long-standing Michigan engineering and materials testing firm with a nine-person team. The succession-driven acquisition expands G2's in-state footprint and adds CTS' geotechnical and materials testing capabilities while preserving CTS' staff and client relationships; financial terms were not disclosed.