Advent International-owned DI buys Frost Insulation Supplies
Distribution International Inc (DI) has acquired certain assets of Frost Insulation Supplies Inc, a Surrey, British Columbia-based provider of mechanical insulation and related supplies to specialty insulation and heating, ventilation and air conditioning (HVAC) contractors. No financial terms were disclosed for the deal, which was done by DI's Canadian affiliate Crossroads C&I Distributors Inc. DI, a Houston-based distributor of insulation-related fabricated products, HVAC products and safety supplies, said the deal aligns with its consolidation strategy in North America's mechanical insulation market. DI is backed by U.S. private equity firm Advent International, which acquired the company in 2014.
10 July 2018•3 mins read
