Reported Earlier, Distribution Solutions Group To Acquire GradeEight Holdings, Operator Of Winzer And FastServ Supply; Terms Not Disclosed
GradeEight Holdings generates approximately $110 million in annual sales and is expected to be accretive to DSG’s Adjusted EBITDA margins on a go-forward basis. The transaction will be funded through DSG’s existing cash
Distribution Solutions Group is buying GradeEight Holdings, a company that makes about $110 million yearly. This deal should help DSG make more money from each sale it makes.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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