The Houston-based lubricants distributor added Colombia-based Chevron distributor OilRed, extending the reach of its Grupo Lucalza Latin American division.
The private equity investment will provide BDI with additional capital and operational resources to support organic and acquisition-driven growth, while the distributor’s existing leadership team will retain a meaningful ownership stake.
BFS is leading a $25 million funding round for Digs and entered a five-year commercial agreement aimed at embedding the technology provider’s AI capabilities into the distributor’s digital ecosystem.
The technology distributor said the deal will add managed services and IT solutions capabilities across cloud, cybersecurity, data center and AI, while reporting double-digit sales and profit growth in its fiscal fourth quarter.
The auto parts supplier’s Chapter 11 case will convert to a Chapter 7 liquidation after a federal judge rejected its proposed creditor repayment plan, bringing First Brands’ nearly yearlong bankruptcy process toward a close.
Two longtime HD executives will oversee Decker’s CEO duties during his absence, with the news coming two weeks after the company reorganized leadership to accelerate contractor market share gains.
The deal marks a major geographic expansion into five new states for Parts Authority, one day after it announced the opening of a large Mississippi distribution hub.
The Central Texas construction supplies distributor becomes White Cap’s fifth announced acquisition of 2026, following deals spanning the Midwest, Southwest and eastern U.S.
The fasteners, specialty wire & cable and industrial products provider has made a series of appointments and promotions spanning corporate development, finance, sales, operations, value-added services and its Canadian business. We detail them all here.
Following previous layoffs in California at the end of last year, the Staples subsidiary is exploring asset sales and new capital to avoid liquidation, less than a year after pivoting away from office supplies toward...
The four-location Colorado distributor adds 220 employees and becomes the second addition to SRS’ nascent HVAC platform following its acquisition of Mingledorff’s.
June’s monthly orders sharply rebounded from a May dip, leading to the best half-year total since data has been tracked since 1998.
