Distribution International Inc, a distributor and fabricator in the mechanical insulation market, acquired insulation provider 3i Supply Co. Financial terms of the deal were not disclosed. Houston-based Distribution International is a portfolio company Advent International.
HOUSTON–(BUSINESS WIRE)–Distribution International, Inc. (“DI”), a leading distributor and fabricator in the mechanical insulation market, today announced it has acquired 3i Supply Company (“3i Supply”). Headquartered in Midland, Michigan, 3i Supply is a distributor of mechanical and industrial insulation, fabricated products, refractory, and removable insulation pads. Houston-based DI, a portfolio company of global private equity firm Advent International, is pursuing a growth strategy centered on acquisitions that expand DI’s geographic presence and further its capabilities.
“In acquiring 3i Supply, we will be expanding our fabrication capabilities into Michigan,” said Robert Hlavenka, Vice President and General Manager of Distribution International. “This acquisition is consistent with our strategy of providing unrivaled customer service throughout North America. Current 3i operations will become part of DI’s Midwest region.”
John Brooks, Regional Manager of DI in the Midwest said: “We are excited to further expand our fabrication operations in the Midwest territory. We are proud to be strengthening our ability to service our customers, and we welcome the 3i Supply team to DI.”
About Distribution International (DI)
Founded in 1986, DI is a value added distributor of insulation, related specialty fabricated products, HVAC, and safety supplies in North America. The Houston-based company has 85 branch locations and provides its customers with mission-critical products and services across the commercial building, chemicals, energy, power, railcar and marine end markets. Most of DI’s sales are derived from ongoing maintenance and repair spending in industrial installations and commercial buildings. The company has grown significantly over the past four years, having completed 14 acquisitions and has the broadest reach of any distributor of mechanical insulation products in the U.S. and Canada. For more information, visit www.distributioninternational.com.