DSG closes Source Atlantic acquisition; credit line expanded to $1.06B

Distribution Solutions Group, Inc.

Acquisition of Source Atlantic Limited closed August 14, 2024; funded by senior secured credit facility.
Total borrowing capacity under amended credit agreement increased from $805M to $1.06B.
Revolving commitments rose from $200M to $255M; $200M incremental term loan issued.
Loans mature April 1, 2027; mandatory quarterly principal payments of $2.5M begin Q4 2024.

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