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Distribution Solutions Group Announces Completion of Source Atlantic Acquisition and Extension of Its Credit Facility Page 1

Distribution Solutions Group Announces Completion of Source Atlantic Acquisition and Extension of Its Credit Facility Page 1

Distribution Solutions Group, Inc. (NASDAQ: DSGR) (“DSG” or the “Company”)a leading specialty distribution company, today announced the closing of its previously announced agreement to acquire Source Atlantic Limited (“Source Atlantic”). The agreement was financed by the company’s senior secured credit facility.

In addition, on August 14, 2024, the Company entered into an amendment to its amended and restated credit agreement dated April 1, 2022, which increased the borrowing capacity thereof from $805 million to $1.06 billion, of which $255 million is structured as a revolving credit facility and $805 million is structured as a senior secured loan.