US roofing fasteners and accessories supplier DMI Direct Metals has secured investment from private equity firm Trivest Partners to support its growth plans.
In partnership with First Lexington and DMI CEO Andrew Mullen, Trivest will help accelerate DMI’s growth and establish the company as the nation’s leading supplier in the fastener and construction hardware sector. The partnership will pursue both organic growth and strategic acquisitions, leveraging DMI’s strong brand, exceptional customer relationships and robust logistical capabilities.
Headquartered in Ft. Myers, Florida, DMI Direct Metals has several best-sellers that hold Miami-Dade County and Florida Building Code certifications, widely regarded as some of the most stringent in the nation.
Currently, the company serves more than 500 OEMs and distributors across the US from its four distribution centres in Florida, Indiana and Texas.
“DMI Direct Metals is a remarkable, founder-led enterprise in a fast-growing segment of the consolidating construction hardware business. We are looking forward to becoming a dominant player in this industry, with the financial backing of Trivest and the leadership of Andrew and his team at DMI Direct Metals,” said Bob Bennett of First Lexington.
“This partnership marks an exciting new chapter for DMI. With Trivest’s expertise and resources, along with Bennett’s proven track record in fasteners, we are well-positioned to expand into new markets, broaden our product offerings, and deliver even greater value to our customers,” said Mullen.
