{"id":4087,"date":"2024-07-09T15:38:02","date_gmt":"2024-07-09T19:38:02","guid":{"rendered":"https:\/\/www.millerthomson.com\/deals-cases\/distribution-solutions-group-enters-into-agreement-to-acquire-source-atlantic\/"},"modified":"2025-10-20T09:08:33","modified_gmt":"2025-10-20T13:08:33","slug":"distribution-solutions-group-enters-into-agreement-to-acquire-source-atlantic","status":"publish","type":"deals-cases","link":"https:\/\/www.millerthomson.com\/en\/deals-cases\/distribution-solutions-group-enters-into-agreement-to-acquire-source-atlantic\/","title":{"rendered":"Distribution Solutions Group Enters into Agreement to Acquire Source Atlantic"},"content":{"rendered":"

On July 9, 2024, Distribution Solutions Group, Inc. (\u201cDSG<\/b>\u201d), a premier specialty distribution company, through its affiliate Lawson Products Canada, Inc., entered into an agreement to acquire all of the issued and outstanding shares of Source Atlantic Limited (\u201cSource Atlantic<\/b>\u201d). The transaction is expected to close in the third quarter of 2024, subject to regulatory approval and customary closing conditions.<\/p>\n

Source Atlantic, headquartered in Saint John, New Brunswick, Canada, is an industry-leading wholesale distributor of industrial MRO supplies, safety products, fasteners, and related value-add services for the Canadian MRO market. For the most recent fiscal year, Source Atlantic generated sales of approximately CAD$250 million.<\/p>\n

Miller Thomson advised DSG with a team led by Max Spearn and Adam Bata (Corporate\/M&A) and comprised of Julia Zanetti and Christopher Fallis (Corporate\/M&A), Eric Dufour (Competition), Tamara Farber (Environmental), Karen Durell (Intellectual Property\/Privacy), Barry Horne (Tax), Michelle MacGillivray, Greg Bush (Employment), Hugh Wright (Pensions and Benefits), Katherine Cavan, Sean Bryden, Arthur Opalinski and Kyle Bertsch (Real Estate).<\/p>\n","protected":false},"author":92,"template":"","class_list":["post-4087","deals-cases","type-deals-cases","status-publish","hentry"],"acf":[],"yoast_head":"\nDistribution Solutions Group Enters into Agreement to Acquire Source Atlantic | Miller Thomson<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.millerthomson.com\/en\/deals-cases\/distribution-solutions-group-enters-into-agreement-to-acquire-source-atlantic\/\" 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