Integrated Supply Network Inc (ISN), a portfolio company of U.S.-based Audax Private Equity, recently acquired a Canadian automotive tool and equipment distributor. That is according to a report from aftermarketNews.
ISN was reported as having purchased Montréal’s Distribution PDG Inc, an authorized distributor for major tool and equipment brands, on Jan. 6. Financial details of the transaction were not published. The company will now be known as ISN Canada.
Based in Lakeland, Florida, ISN is a wholesaler of tools, testing equipment and related supplies sold into the aftermarket automotive repair industry. Audax invested in the company in 2011.
Audax Private Equity is a division of Audax Group, a mid-market investment firm headquartered in Boston.
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