December 15, 2014
Weil advised Advent International in its acquisition of a majority stake in Distribution International, Inc., a value-added distributor of mechanical insulation and related products to industrial and commercial end markets, from Audax Group, Inc.
Headquartered in Houston, Texas and founded in 1986, Distribution International is a distributor of thermal and acoustical insulation and related supplies in North America. The company has 64 locations and provides its customers with mission-critical products and services across the commercial building, chemicals, energy, power, railcar and marine end markets.
The Weil team representing Advent International on the transaction was led by Corporate partner Marilyn French. In addition, the team included Banking & Finance partner Allison Liff; Technology & IP Transactions partner Jeffrey Osterman; Environmental partner Annemargaret Connolly; Litigation partners Konrad L. Cailteux and Steven A. Tyrrell; Tax partner Marc Silberberg; Executive Compensation & Employee Benefits partner Michael Nissan; Corporate counsel Ramona Nee and John O’Loughlin; Environmental Transactions counsel Thomas Goslin; Litigation counsel Lawrence Baer; Antitrust/Competition counsel Vadim Brusser; Corporate associates Dena Haibi, Sara Fiorillo, Richard Frye, Kelly Wagner and Matthew Loecker; Banking & Finance associates Alison Carrizales and Suhan Shim; Technology & IP Transactions associate Dennis Adams; Litigation associates Aryeh Zuber, Alexis Brown-Reilly, and Eileen Hren Citron; Tax associate William Dong; and Executive Compensation & Benefits associate Amanda Rosenblum.