Distribution Solutions Group to acquire GradeEight for about $145 million
Lawson Products, a wholly owned subsidiary of Distribution Solutions Group, agreed on October 12, 2026 to acquire GradeEight Holdings for about $145 million, subject to adjustments, funded by borrowings under its $400 million revolving credit facility and available cash. The deal is a significant acquisition, and the filing also references a separate July 15, 2026 merger agreement under which the company would become private and leave Nasdaq, with its CEO's affiliates owning about 78.5% of shares.
Key points
- Purchase price is approximately $145 million, with no financing condition
- GradeEight generates approximately $110 million in annual sales and is expected to close in the fourth quarter of 2026
- Separate July 15, 2026 merger agreement with entities affiliated with CEO J. Bryan King, who with LKCM Headwater owns about 78.5% of shares
- Completion of that merger would delist the common stock from Nasdaq and requires stockholder approval
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.