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Add-on acquisition Closed Jan 2014 Verified

DDI System acquires Johnstone Supply's DSPro software division

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Relationship map for DDI System acquires Johnstone Supply's DSPro software divisionparent ofDDI System: PlatformDSDDI SystemJohnstone Supply: Operating CompanyJohnstone Supply
Operating CompanyPlatform

Parties

Acquirer
DDI System
Platform
Target
Johnstone Supply
Operating Company

Market signals

Summary

Johnstone Supply members approved a definitive conversion agreement with Redwood Capital Investments LLC to convert from an Oregon Cooperative into a Delaware LLC, with Redwood providing capital and Johnstone Business Owners remaining significant equity holders.

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