Advent international to sell distribution international in all-cash transaction valued at $1.0 billion

Boston--(business wire)--advent international (“advent”), one of the largest and most experienced global private equity investors, has entered into an agreement to sell distribution international inc. (“di”), north america's leading mechanical insulation distributor, to topbuild corp. (nyse:bld) in an all-cash transaction valued at $1.0 billion. topbuild, a leading installer and distributor of insulation and building material products to the u.s. construction industry, expects to fund the acqui
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