HUMBLE, Texas–(BUSINESS WIRE)–M&D Distributors (“M&D” or the “Company”), an independent aftermarket
distributor of diesel engine parts and components, announced its asset
acquisition of Diesel Testers, Inc. (“Diesel Testers”), a service dealer
that provides diesel engine parts and repair services through its retail
location in Odessa, TX.
Diesel Testers is M&D’s ninth branch location within Texas and
Louisiana. Diesel Testers will serve as the Company’s first branch
location servicing customers within West Texas and the greater Permian
Basin area, which has led North America’s resurgence in domestic oil and
natural gas production over the last several years. M&D will continue to
serve Diesel Testers’ customers at its existing location, located at
2850 Steven Road, with the ability to deliver M&D’s wide product
portfolio of more than 100,000 new and remanufactured fuel injection,
turbocharger, engine part, and filtration products from leading OEMs and
aftermarket suppliers.
“We are extremely excited to join forces with our long-time service
dealer to better service our customers in West Texas,” said Trey Ingram,
CEO of M&D Distributors. “M&D’s long reputation for excellence and
product availability makes us an ideal partner to supply aftermarket
diesel engine parts within the Permian Basin region.”
“We are excited to enter the rapidly growing and underserved Odessa
market through the acquisition of Diesel Testers,” said Michael Zhang,
Vice President at Warren Equity Partners. “Our presence and investments
will add tremendous value to our customers as the region continues to
experience unprecedented levels of industrial activity.”
Diesel Testers is M&D’s first acquisition since Warren Equity Partners
acquired a majority interest in M&D in December 2018.
About Warren Equity Partners
Warren Equity Partners is a private equity firm that invests in small
and middle market operating companies primarily in North America. The
firm invests in established companies where additional capital and
operating resources can accelerate growth, targeting companies in the
industrial, infrastructure, and business services sectors. Warren Equity
invests in the form of buyouts, growth equity, and recapitalizations.
For more information, please visit www.warrenequity.com.
About M&D Distributors
Founded in 1943 and based in Humble, TX, M&D Distributors is a
longstanding one-stop aftermarket distributor of mission-critical diesel
engine parts and components within primarily Texas, Oklahoma, and
Louisiana. M&D’s wide product portfolio includes new and remanufactured
fuel injection, turbocharger, engine part, and filtration products from
the world’s top-tier manufacturers and aftermarket suppliers. The
Company also provides additional services through its internal
rebuilding capabilities and a wide range of services, including part
matching, diagnostics, repair, and technical assistance, including
Diesel University. For more information, please visit www.mddistributors.com.
Contacts
Jim Garner
M&D Distributors
(281) 641-9005