Indianapolis, IN, May 11, 2026 – Dealers Wholesale, a leading diversified building products distributor headquartered in Indianapolis, and LDI, Ltd (“LDI”), an Indianapolis-based fourth-generation family office of the Lacy family, announced today that the acquisition of Dealers Wholesale by LDI has been recognized as the Association for Corporate Growth (ACG) Indiana’s 2026 Deal of the Year.
The award recognizes outstanding mergers and acquisitions transactions that demonstrate unique strategic value, meaningful impact on Indiana’s business community, and exceptional execution by the parties involved.
The transaction brought together two Indiana organizations with deeply aligned cultures, shared long-term values, and a commitment to investing in people and sustainable growth. The deal also highlighted the strength of Indiana’s middle-market M&A ecosystem, with a significant number of local advisors, lenders, investors, and professional service firms playing critical roles throughout the process.
“This was not just an Indiana company deal. It was an Indiana relationship deal,” said Jimmy Rayford, CEO of Dealers Wholesale. “Many of the relationships involved in this transaction were built years before the deal itself ever existed. And throughout the process, one thing became very clear: when the pressure rises, the stakes get high, and difficult decisions have to be made, trust becomes the currency that matters most.”
The acquisition by LDI positions Dealers Wholesale for continued growth through both organic expansion and strategic acquisitions, while maintaining the company’s people-first culture and Indianapolis roots.
“This recognition reflects the quality of the Dealers Wholesale team, the strength of the partnership between the parties, and the collaborative nature of Indiana’s business community,” said J.A. Lacy, CEO and Board Chair at LDI. “We are honored to receive this award alongside so many outstanding organizations and advisors.”
About Dealers Wholesale
Dealers Wholesale is one of the Midwest’s leading installing distributors of commercial doors, frames, hardware, and electronic access control equipment. The company is also the premier distributor of hearth products (fireplaces, mantels, and surrounds) in Indianapolis. Dealers Wholesale serves single-family, multi-family, and commercial markets across 20 states. For more information, visit dealerswholesale.com.
About LDI, Ltd.
LDI is an Indianapolis-based family office with more than a century of experience operating high-potential, middle-market companies. Originally founded by the Lacy family in 1912 as U.S. Corrugated-Fiber Box Company, LDI today seeks new investment opportunities with an emphasis on manufacturers of proprietary products, value-added distributors and supply chain service providers. LDI businesses employ more than 1,500 people across more than 20 countries. For more information, visit lacydiversified.com.