Distribution International, Inc. Announces Acquisition of Certain Assets of Insulation Services, Inc.
Houston, TX - Distribution International, Inc. announced it has completed the acquisition of certain assets of Insulation Services, Inc, (ISI). Located in Greenville, SC, ISI is a single-site distributor of thermal and acoustic insulation products. The ISI location will merge into the existing DI location in Piedmont, SC. Distribution International, based in Houston, Texas, is a portfolio company of Audax Private Equity (“Audax”) and The CapStreet Group (“CapStreet”).
Robert Hlavenka, Vice President and General Manager of Distribution International USA “Our recent asset purchase of ISI further strengthens our position in the South Carolina market. We welcome Randy Spencer who brings us over 20 years of knowledge in the mechanical insulation industry as well as strong relationships with customers and vendors. Everyone at DI is looking forward to working with Randy and we welcome the opportunity to service ISI’s loyal customer base.”
Randy Spencer, Outside Sales Representative (previously Director of Operations at Insulation Services, Inc.) said “This is an exciting opportunity for our customer and vendor base. I am looking forward to working with the DI team; together we will continue to offer the highest quality products and service in the market.”