Distribution Solutions Group’s Operating Company, TestEquity, Enters into Agreement for Strategic Acquisition
Distribution Solutions Group, Inc. (DSGR)
Company Research
Source: Business Wire
Product Line and Geographic Expansion Through Carve-out Transaction FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("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.“We are thrilled to add a premier suite of products and services along with a talented employee base from ConRes TE,” said Russ Frazee, President & Chief Executive Officer of TestEquity. “This acquisition is consistent with our focus to drive overall customer-intimacy by expanding and diversifying TestEquity’s test equipment offerings and value-add service capabilities in all of our end markets. Notably, it will broaden our technical expertise with a strong focus on
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DSGR
Earnings
- 10/31/24 - Miss
DSGR
Analyst Actions
- 11/6/24 - Barrington Research
DSGR
Sec Filings
- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- 8/27/24 - Form 4
- DSGR's page on the SEC website