Advantage Distribution Holdings, a portfolio company of D1 Capital, has acquired Badger Metals, according to a report by themiddlemarket.com dated October 12, 2026. The purchase price was not disclosed in the source.
Badger Metals distributes HVAC equipment, parts and supplies. The acquisition expands its network to 17 locations across seven states, according to the source.
The source did not state a rationale for the transaction, financing details, or a closing date.