Distribution Solutions Group


Distribution Solutions Group, Inc., trading as DSGR on NASDAQ, is a multi-platform specialty distribution company serving Maintenance, Repair, and Operations, Original Equipment Manufacturer, and industrial technologies markets. DSG was formed through the strategic combination of Lawson Products, TestEquity, and Gexpro Services.

History

Lawson Products, Inc., an established MRO distributor, changed its corporate name to Distribution Solutions Group, Inc. in May 2022 to reflect its expanded scope across multiple specialty distribution platforms. The ticker symbol was changed from LAWS to DSGR.
DSG’s formation integrated three primary operating companies:
- Lawson Products, a longstanding distributor of specialty MRO / C-parts
- TestEquity, a distributor in test & measurement and electronic components
- Gexpro Services, a supply chain and OEM services provider

Operations and business model

DSG operates with a decentralized operating model, allowing each of its platform companies to maintain their specialized expertise while leveraging shared infrastructure, best practices, and collective scale.
DSG offers value-added distribution services, including product sourcing, inventory management, logistics, technical support, and supply chain solutions aimed at reducing customers’ total cost of operation.
DSG serves a broad customer base — the company reported serving approximately 190,000 customers supported by ~4,300 employees and strong vendor relationships.
Digital commerce and automation are increasingly central to DSG’s strategic growth, with investments in platforms that enhance order visibility, automation, and customer experience.

Segments and brands

According to public profiles, DSG operates through multiple segments:
- Lawson: Specialty MRO products and services for industrial, commercial, institutional, and government customers.
- TestEquity: Distributes test and measurement equipment, industrial production supplies, vendor-managed inventory programs, and fabrication/adhesive services under brands like TestEquity, Techni-Tool, Jensen Tools, and more.
- Gexpro Services: Provides OEM supply chain solutions, VMI, kitting, logistics, value engineering, and quality/aftermarket services.
- Canada Branch Division: Distributes industrial MRO supplies, safety products, fasteners, power tools, and value-add services to the Canadian market.

Financial performance

DSG’s public disclosures show that the company has grown through both organic expansion and acquisitions.
In recent quarters, DSG reported notable revenue growth.

Corporate governance and leadership

DSG is headquartered in Fort Worth, Texas.
Its executive leadership includes:
- J. Bryan King, Chairman & CEO
- Ronald J. Knutson, EVP & CFO

Recognition, strategy, and market position

DSG positions itself as a high-touch specialty distributor that aims to differentiate through product expertise, technical support, and logistics capabilities.
To adapt to evolving industrial purchasing, DSG is enhancing its digital capabilities and e-commerce infrastructure to better serve its complex B2B clientele.