M&A Deal Summary

Distribution International Acquires Crossroads C&I Distributors

On July 25, 2012, Distribution International acquired distribution company Crossroads C&I Distributors from Yellow Point Equity Partners

Acquisition Highlights
  • This is Distribution International’s 4th transaction in the Distribution sector.
  • This is Distribution International’s 1st transaction in Canada.
  • This is Distribution International’s 1st transaction in Alberta.

M&A Deal Summary

Date 2012-07-25
Target Crossroads C&I Distributors
Sector Distribution
Buyer(s) Distribution International
Sellers(s) Yellow Point Equity Partners
Deal Type Add-on Acquisition
Advisor(s) Raymond James - Investment Banking (Financial)

Target

Crossroads C&I Distributors

Edmonton, Alberta, Canada
Crossroads C&I Distributors is a distributor and fabricator of industrial and commercial insulation products and accessories in Canada, having supplied over 50 million square foot of products to date. Company current market coverage is Western Canada and the Territories, serviced by three branches; Edmonton and Calgary, Alberta, and Burnaby, British Columbia. Our Head Office and fabrication facility is in Edmonton, Alberta.

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Buyer(S) 1

Buyer

Distribution International

Houston, Texas, United States

Category Company
Founded 1986
Sector Distribution
Revenue 747M USD (2021)
DESCRIPTION
Distribution International distribution facility in Houston, Texas.
Distribution International distribution facility in Houston, Texas.

Distribution International (DI) is a distributor of thermal and acoustical insulation and related supplies for maintenance and repair operations in the United States. DI serves power generation facilities, petrochemical and industrial refinery plants, governmental and institutional buildings, military and commercial vessels and offshore rigs as well as other facilities and industries. Distribution International was founded in 1986 and is based in Houston, Texas.


DEAL STATS #
Overall 4 of 18
Sector (Distribution) 4 of 16
Type (Add-on Acquisition) 4 of 17
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2012) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-03 Thorpe Products

Houston, Texas, United States

Thorpe Products Co. is a distributor of insulation, related specialty fabricated products and safety supplies serving customers throughout North America.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-25 Midwest Sales

Saginaw, Michigan, United States

Midwest Sales, is a distributor of industrial and commercial insulation.

Buy -

Seller(S) 1

SELLER

Yellow Point Equity Partners

Vancouver, British Columbia, Canada

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Yellow Point Equity Partners is a private equity group focused on management buyouts and growth investments in mid-sized companies located in Western Canada and the Northwest of the US. Yellow Point will consider opportunities in a wide range of sectors, including basic manufacturing, technology, communications, energy, financial, healthcare, and services. The Firm 'gravitates' towards businesses with established market positions and 'compelling' products. Yellow Point Equity Partners was formed in 2004 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 5 of 12
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 5 of 8
State (Alberta) 2 of 2
Country (Canada) 5 of 12
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-23 CIMS

Port Coquitlam, British Columbia, Canada

CIMS provides heavy-duty mechanical maintenance for the oil and gas, mining and power generation, and pulp and paper sectors. CIMS operates across western Canada and focuses on maintaining and repairing boilers, reactors, precipitators, and other pressure vessels. CIMS was founded in 1991 and is based in Port Coquitlam, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-30 Remcan Projects

Langley, British Columbia, Canada

Remcan Projects is a provider of maintenance, construction, and emergency services to the Canadian railroad industry. Remcan Project delivers safety enhanced, high quality, innovative, and environmentally-focused maintenance and construction services to railway track owners and operators across Canada. Remcan Projects is based in Langley, British Columbia.

Buy -