Merger And DiversificationDistribution Solutions Group was formed through the merger of Lawson Products, Gexpro Services, and TestEquity, creating a strong, diversified company in the industrial distribution space.
Revenue GrowthQ4/24 revenue increased 18.6% YOY to $480.5 million, which exceeded estimates and consensus.
Sales Strategy EnhancementLawson Products segment has implemented new CRM technology to enhance sales representatives' ability to win new customers and explore additional revenue opportunities.