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Category: Distribution International

Advent International Strikes a $1 Billion Deal to Sell Distribution International

Advent International Strikes a $1 Billion Deal to Sell Distribution International

Private equity firm Advent International announced on Wednesday that it has entered into an agreement to sell Distribution International Inc. (DI) to TopBuild Corp. (NYSE:BLD) in an all-cash transaction valued at $1 billion. TopBuild, an installer and distributor of insulation and building material products to the U.S. construction industry, expects to fund the acquisition using […]