HOUSTON — Distribution International, Inc. (“DI”) announced it has completed the acquisition of Mechanical Insulation Supply, Inc. in Redford, MI. Mechanical Insulation, established in 1989, is a distributor of mechanical and industrial insulation and accessories, HVAC products, and refractory products and accessories. DI, based in Houston, Texas, is a portfolio company of Audax Private Equity and The CapStreet Group.
Doug Waugaman, CFO of DI said, “We are pleased to grow our existing distribution network in the Midwest market. We look forward to servicing the Mechanical Insulation customer base and will continue the tradition of integrity, responsiveness, and professionalism they have developed.”
Mike Kraydich Sr, President of Mechanical Insulation said, “DI has been a well-respected competitor in our market. Based on DI’s outstanding commitment to customer service and product quality, they were a natural choice for our business. We will be able to continue our commitment to providing reliable solutions and delivering the highest quality products and services to our customers.”
DI is a value added distributor of insulation, related specialty fabricated products, and safety supplies. DI serves industrial, commercial and marine customers from distribution centers in 20 U.S. states, as well as five territories in Canada.