TestEquity (Distribution Solutions Group) Acquires National Test Equipment
June 1, 2022
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.
- Targets
- National Test Equipment
- Platforms
- TestEquity
- Industry
- Industrial Services
- Location
- California, United States
- Transaction Type
- Addon
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