Articles from Distribution Solutions Group, Inc.
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced the closing of two previously announced acquisitions. The Company acquired Tech-Component Resources (TCR) under DSG’s Gexpro Services segment, which closed on October 30, 2024, and ConRes Test Equipment under DSG’s TestEquity segment, which closed on November 18, 2024. These transactions were funded through the Company’s existing cash and availability under its credit agreement.
By Distribution Solutions Group, Inc. · Via Business Wire · November 19, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier specialty distribution company, today announced that Brett Scarbrough, DSG’s Vice President of Strategy & Investor Relations, will participate in one-on-one investor meetings and present at the 16th Annual Southwest IDEAS Conference in Dallas on November 21, 2024.
By Distribution Solutions Group, Inc. · Via Business Wire · November 14, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier specialty distribution company, today announced that management is participating in one-on-one investor meetings and presenting at the following conferences.
By Distribution Solutions Group, Inc. · Via Business Wire · November 5, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the third quarter ended September 30, 2024. This press release is supplemented by an earnings presentation at https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · October 31, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier, multi-platform distribution company, today announced that it will report results for the third quarter on Thursday, October 31, 2024, pre-market. The Company will host a conference call with prepared remarks beginning at 9:00 a.m. Eastern Time. Refer to the Company’s investor relations Events page for the supplemental slides at https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · October 9, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its operating company TestEquity signed an agreement to acquire ConRes Test Equipment, (“ConRes TE”), a division of Continental Resources, Inc. (“ConRes”), in a carve-out transaction of this leading test and measurement equipment provider based near Boston in Bedford, Massachusetts.
By Distribution Solutions Group, Inc. · Via Business Wire · October 3, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its operating company Gexpro Services signed an agreement to acquire Tech-Component Resources Pte Ltd (“TCR”), a small and growing Southeast Asian distributor of fasteners, mechanical components, and other industrial products serving OEM customers and related applications. TCR is headquartered in Singapore, and its second location is in Malaysia.
By Distribution Solutions Group, Inc. · Via Business Wire · September 24, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier, multi-platform specialty distribution company, today announced that management is participating in one-on-one investor meetings and presenting at the following conferences.
By Distribution Solutions Group, Inc. · Via Business Wire · August 19, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced the closing on its previously announced agreement to acquire Source Atlantic Limited (“Source Atlantic”) which was funded by the Company’s senior secured credit facility.
By Distribution Solutions Group, Inc. · Via Business Wire · August 15, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the second quarter ended June 30, 2024. This press release is supplemented by an earnings presentation at https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · August 1, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier, multi-platform distribution company today announced that it will report results for the second quarter on Thursday, August 1, 2024, pre-market. The Company will host a conference call with prepared remarks beginning at 9:00 a.m. Eastern Time. Refer to the Company’s investor relations Events page for the supplemental slides at https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · July 15, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its operating company, Lawson Products, under its affiliate Lawson Products Canada, Inc. (“Lawson Canada”), signed an agreement to acquire Source Atlantic Limited (“Source Atlantic”). The transaction is expected to close in the third quarter of 2024, subject to regulatory approval and customary closing conditions.
By Distribution Solutions Group, Inc. · Via Business Wire · July 10, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier, multi-platform specialty distribution company today announced that management is participating in the 14th Annual East Coast IDEAS Conference at the Jay Conference Center – Bryant Park in New York City on June 12, 2024.
By Distribution Solutions Group, Inc. · Via Business Wire · June 4, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier, multi-platform specialty distribution company today announced that management is participating in the following conferences, which include one-on-one meetings:
By Distribution Solutions Group, Inc. · Via Business Wire · May 6, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the first quarter ended March 31, 2024. This press release is supplemented by an earnings presentation at https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · May 2, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its operating company, Lawson Products, Inc. (“Lawson”), completed the acquisition of S&S Automotive, Inc. (“S&S”), a leading automotive and industrial parts supplier based near Chicago in Woodridge, IL. Lawson Products has an automotive-focused division, Kent Automotive, which distributes automotive and industrial class C-parts to auto dealerships and collision repair centers throughout North America.
By Distribution Solutions Group, Inc. · Via Business Wire · May 1, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier, multi-platform distribution company today announced that it will report results for the first quarter on Thursday, May 2, 2024, pre-market. The Company will host a conference call with prepared remarks beginning at 9:00 a.m. Eastern Time. Refer to the Company’s investor relations Events page for the supplemental slides at https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · April 16, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the 2023 full year and fourth quarter ended December 31, 2023. This press release is supplemented by an earnings presentation at https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · March 7, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier, multi-platform distribution company today announced that it will report results for the fiscal year 2023 and fourth quarter on Thursday, March 7, 2024, pre-market. The Company will host a conference call with prepared remarks beginning at 9:00 a.m. Eastern Time. Refer to the Company’s investor relations Events page for the supplemental slides at https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · February 15, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier, multi-platform specialty distribution company today announced that management is participating in the Gabelli Funds 34th Annual Pump, Valve, & Water Symposium on Thursday, February 22, 2024 at 10 am ET at The Yale Club, 50 Vanderbilt Avenue, New York, NY.
By Distribution Solutions Group, Inc. · Via Business Wire · February 7, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its operating company, Lawson Products, completed the acquisition of Safety Supply Illinois LLC, DBA Emergent Safety Supply (ESS), a national distributor of safety products based near Chicago in Batavia, IL.
By Distribution Solutions Group, Inc. · Via Business Wire · January 22, 2024
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its Board of Directors has approved a common share repurchase authorization of $25 million. This authorization is in addition to approximately $4.0 million still available under previous authorizations. During fiscal year 2023 to date, the Company has repurchased approximately $3.6 million of its common stock.
By Distribution Solutions Group, Inc. · Via Business Wire · December 13, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the third quarter ended September 30, 2023. This press release is supplemented by an earnings presentation at https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · November 2, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier, multi-platform specialty distribution company today announced that management is participating in the following conferences, which include one-on-one meetings:
By Distribution Solutions Group, Inc. · Via Business Wire · October 19, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier, multi-platform distribution company today announced that it will report results for the third quarter 2023 on Thursday, November 2, 2023, pre-market. The Company will host a conference call with prepared remarks beginning at 9:00 a.m. Eastern Time. Refer to the Company’s investor relations Events page for the supplemental slides at https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · October 10, 2023
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Distribution Solutions Group, Inc. (Nasdaq: DSGR) ("DSG" or the "Company"), as previously announced, will host an Investor Day on Thursday, September 28, 2023, at City Club of Fort Worth in Texas.
By Distribution Solutions Group, Inc. · Via Business Wire · September 26, 2023
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Distribution Solutions Group, Inc. (Nasdaq: DSGR) ("DSG" or the "Company") announced today that it will host an Investor Day on Thursday, September 28, 2023, at City Club of Fort Worth in Texas.
By Distribution Solutions Group, Inc. · Via Business Wire · September 6, 2023
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Distribution Solutions Group, Inc. (Nasdaq: DSGR) (“DSG” or the “Company”) announced today that it filed its Third Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to increase the number of authorized shares of the Company’s common stock, $1.00 par value per share (the “Common Stock”) from 35,000,000 to 70,000,000 (the “Share Increase”) and to effect the previously announced two-for-one stock split (the “Stock Split”) of shares of Common Stock. The Share Increase and Stock Split became effective after market close on August 31, 2023. Based on the number of shares of Common Stock outstanding as of August 25, 2023, the record date for the Stock Split, the Company has 46,699,990 shares of Common Stock outstanding on a split-adjusted basis. The shares of Common Stock will begin trading on the Nasdaq Global Select Market on a split-adjusted basis at the start of trading hours on Friday, September 1, 2023, under the existing trading symbol “DSGR”.
By Distribution Solutions Group, Inc. · Via Business Wire · August 31, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier multi-platform specialty distribution company today announced that management will present at the Jefferies Industrial Conference at 8:00 a.m. ET on Wednesday, September 6, 2023, at the New York Marriott Marquis in New York City, NY. The presentation will be webcast and can be accessed through the investor relations section of the company’s website: https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · August 30, 2023
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Distribution Solutions Group, Inc. (Nasdaq: DSGR) ("DSG" or the "Company") announced today that its Board of Directors has approved and declared a two-for-one split (the “Stock Split”) of the Company’s common stock, $1.00 par value per share (the “Common Stock”). The Stock Split will entitle each stockholder of record as of the close of business on August 25, 2023 to receive one additional share of Common Stock (a “Share”) for each share of Common Stock then held, to be distributed by the Company’s transfer agent Computershare after the close of trading on August 31, 2023. Stockholders do not need to exchange existing stock certificates to receive additional Shares.
By Distribution Solutions Group, Inc. · Via Business Wire · August 15, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier multi-platform specialty distribution company today announced that management will present at the Midwest IDEAS Investor Conference at 9:20 a.m. CT on Wednesday, August 23, 2023, at The Gwen Chicago Downtown. The presentation will be webcast and can be accessed through the conference host’s main website: https://www.threepartadvisors.com/midwest, as well as the investor relations section of the company’s website: https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · August 8, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a multi-platform specialty distribution company providing high touch, value-added distribution solutions to the maintenance, repair & operations (MRO), the original equipment manufacturer (OEM) and the industrial technologies markets, today announced consolidated results for the second quarter ended June 30, 2023. This press release is supplemented by an earnings slide deck appearing on the Company’s investor relations page at https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · August 3, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier, multi-platform distribution company today announced that it will report results for the second quarter 2023 on Thursday, August 3, 2023, pre-market. The Company will host a conference call with prepared remarks beginning at 9:00 a.m. Eastern Time. Refer to the Company’s investor relations Events page for the supplemental slides at https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · July 20, 2023
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Distribution Solutions Group, Inc. (Nasdaq: DSGR) (“DSG” or the “Company”), a premier specialty distribution company announced today the Company completed the previously announced acquisition of HIS Company, Inc., (“Hisco”), a leading distributor of specialty products serving high growth industrial technology applications. In connection with this transaction, DSG will combine the operations of TestEquity and Hisco, creating one of the largest suppliers serving the electronics design, production, and repair industries.
By Distribution Solutions Group, Inc. · Via Business Wire · June 8, 2023
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Distribution Solutions Group, Inc. (Nasdaq: DSGR) (“DSG” or the “Company”), announced today the closing of its rights offering, which expired at 5:00 p.m. ET on May 30, 2023. Pursuant to the terms of the rights offering, 2,222,222 shares of common stock were purchased pursuant to the exercise of basic subscription rights and the over-subscription rights, which generated $100 million in gross proceeds to the Company.
By Distribution Solutions Group, Inc. · Via Business Wire · June 2, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a multi-platform specialty distribution company, which includes operating companies, Lawson Products, TestEquity and Gexpro Services, today announced that management is participating in the KeyBanc Industrials & Basic Materials Conference in Boston on June 1, 2023.
By Distribution Solutions Group, Inc. · Via Business Wire · May 18, 2023
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Distribution Solutions Group, Inc. (Nasdaq: DSGR) (“DSG” or the “Company”), a multi-platform specialty distribution company, announced today that it has commenced a subscription rights offering (“Rights Offering”) pursuant to which it intends to raise gross proceeds of up to approximately $100 million. The Company will distribute at no charge to holders of its common stock, par value $1.00 per share (“Common Stock”), as of the close of business on May 1, 2023 (the record date for the Rights Offering), one subscription right for each share of Common Stock held. Each subscription right entitles the holder to purchase 0.105 shares of Common Stock at a subscription price of $45.00 per share. The subscription rights are transferable, but will not be listed for trading on any stock exchange or market. In addition, holders of subscription rights who fully exercise their subscription rights are entitled to oversubscribe for additional shares of Common Stock, subject to proration.
By Distribution Solutions Group, Inc. · Via Business Wire · May 9, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a multi-platform specialty distribution company providing high touch, value-added distribution solutions to the maintenance, repair & operations (MRO), the original equipment manufacturer (OEM) and the industrial technologies markets, today announced consolidated results for the first quarter ended March 31, 2023. This press release is supplemented by an earnings slide deck appearing on the Company’s investor relations page at https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · May 4, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a premier, multi-platform distribution company today announced that it will report results for the first quarter 2023 on Thursday, May 4, 2023, pre-market. The Company will host a conference call with prepared remarks beginning at 9:00 a.m. Eastern Time. Refer to the Company’s investor relations Presentations page for the supplemental slides at https://investor.distributionsolutionsgroup.com/news/presentations.
By Distribution Solutions Group, Inc. · Via Business Wire · April 25, 2023
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Distribution Solutions Group, Inc. (Nasdaq: DSGR) (“DSG” or the “Company”), a premier specialty distribution company, announced today that its board of directors has fixed the record date for its proposed rights offering as the close of business on May 1, 2023 (the “Record Date”).
By Distribution Solutions Group, Inc. · Via Business Wire · April 21, 2023
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Distribution Solutions Group, Inc. (Nasdaq: DSGR) (“DSG”), a premier, multi-platform specialty distribution company, announced today that it plans to distribute at no charge to stockholders of record of its common stock, par value $1.00 per share (“common stock”), subscription rights for shares of its common stock (the “rights offering”). The rights offering is expected to raise an aggregate amount of approximately $100 million and will be conducted pursuant to DSG’s registration statement on Form S-3 filed on March 17, 2023 with the U.S. Securities and Exchange Commission (“SEC”). The subscription rights will be transferable but will not be listed for trading on any stock exchange or market. The record date, subscription price, expiration date and other details of the rights offering will be specified in a prospectus supplement that DSG intends to file with the SEC once additional details are available.
By Distribution Solutions Group, Inc. · Via Business Wire · March 31, 2023
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Distribution Solutions Group, Inc. (Nasdaq: DSGR) (“DSG” or the “Company”), a premier specialty distribution company announced today that it reached a definitive agreement to acquire HIS Company, Inc., (“Hisco”), a leading distributor of specialty products serving high growth industrial technology applications. In connection with this transaction, DSG will combine the operations of TestEquity and Hisco, creating one of the largest suppliers serving the electronics design, production, and repair industries. For fiscal year ended October 31, 2022, Hisco generated sales in excess of $400 million and adjusted EBITDA of approximately $29 million.(1)
By Distribution Solutions Group, Inc. · Via Business Wire · March 31, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a leading, multi-platform distribution company providing high touch, value-added distribution solutions to the maintenance, repair & operations (MRO), original equipment manufacturer (OEM) and industrial technologies markets announced today that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission to register one or more future offerings of up to $500 million of equity and debt securities of the Company.
By Distribution Solutions Group, Inc. · Via Business Wire · March 17, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a premier, multi-platform distribution company providing high touch, value-added distribution solutions to the maintenance, repair & operations (MRO), original equipment manufacturer (OEM) and industrial technologies markets, today announced consolidated results for the fourth quarter and full year ended December 31, 2022. This press release is supplemented by an earnings slide deck appearing on the Company’s investor relations home page at www.distributionsolutionsgroup.com.
By Distribution Solutions Group, Inc. · Via Business Wire · March 9, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a best-in-class, specialty distribution company today announced that it will report results for the fourth quarter 2022 on Thursday, March 9, 2023, pre-market. The Company will host a conference call with prepared remarks beginning at 9:00 a.m. Eastern Time. Refer to the Company’s investor relations Presentations page for the supplemental slides at https://investor.distributionsolutionsgroup.com/news/presentations.
By Distribution Solutions Group, Inc. · Via Business Wire · February 27, 2023
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a leading specialty distributor providing high touch, value-added distribution solutions to the maintenance, repair & operations (MRO), original equipment manufacturer (OEM) and industrial technologies markets appointed Mr. Robert S. Zamarripa to its Board of Directors.
By Distribution Solutions Group, Inc. · Via Business Wire · November 23, 2022
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a leading specialty distributor providing high touch, value-added distribution solutions to the maintenance, repair & operations (MRO), original equipment manufacturer (OEM) and industrial technologies markets today announced consolidated results for the third quarter ended September 30, 2022. Presentations are supplemented by a series of slides appearing on the Company’s investor relations home page at www.distributionsolutionsgroup.com.
By Distribution Solutions Group, Inc. · Via Business Wire · November 3, 2022
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a best-in-class, specialty distribution company today announced that it will report results for the third quarter 2022 on Thursday, November 3, 2022, pre-market. The Company will host a conference call with prepared remarks beginning at 9:00 a.m. Eastern Time. Refer to the Company’s investor relations Presentations page for the supplemental slides at https://investor.distributionsolutionsgroup.com/news/presentations.
By Distribution Solutions Group, Inc. · Via Business Wire · October 26, 2022
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a best-in-class, specialty distribution company today announced that J. Bryan King, Chairman and CEO, and Ronald Knutson, EVP and CFO, will present at the Baird 52nd Annual Global Industrial Conference and the 14th Annual Southwest IDEAS Conference on the following dates:
By Distribution Solutions Group, Inc. · Via Business Wire · October 18, 2022
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Distribution Solutions Group, Inc. (NASDAQDSGR) ("DSG" or the "Company"), a leading specialty distributor providing high touch, value-added distribution solutions to the maintenance, repair & operations (MRO), original equipment manufacturer (OEM) and the industrial technologies markets announced that the Company will present at the Midwest IDEAS Investor Conference at 2:15 p.m. CT on August 25, 2022, at The Gwen in Chicago. The presentation will be webcast and can be accessed through the conference host’s main website: https://www.threepartadvisors.com/midwest as well as the investor relations section of the company's website: https://investor.distributionsolutionsgroup.com/news/events.
By Distribution Solutions Group, Inc. · Via Business Wire · August 11, 2022
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a best-in-class, specialty distribution company today announced that it will report results for the second quarter 2022 on Tuesday, August 9, 2022, pre-market. The Company will host a conference call with prepared remarks beginning at 9:00 a.m. Eastern Time. Refer to the Company’s investor relations presentations page for the supplemental slides at https://investor.distributionsolutionsgroup.com/news/presentations.
By Distribution Solutions Group, Inc. · Via Business Wire · July 28, 2022
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Distribution Solutions Group, Inc. (NASDAQDSGR) (“DSG” or the “Company"), a best-in-class, specialty distribution company, which includes operating companies, Lawson Products, TestEquity and Gexpro Services, today announced that management is participating in the following conferences, which include one-on-one meetings:
By Distribution Solutions Group, Inc. · Via Business Wire · May 16, 2022