Warren Equity acquires Texas-based M&D Distributors

摘要

Warren Equity Partners recently acquired Magneto & Diesel Injector Service. M&D Distributors, based in Humble TX, is an aftermar-ket distributor of mission-critical parts and components for maintaining and repairing diesel-powered engines, primarily within Texas, Oklahoma and Louisiana. Financial terms of the transaction were not disclosed. Warren Equity acquired a majority interest in M&D from the Ingram family, who founded the company in 1943 to provide repair services to the shipping and rail industries during World War Ⅱ. The Ingram family invested alongside Warren Equity in the transaction and will continue to be involved on the board of directors going forward, the company said.