Direct Buy acquired by private investment firm

Direct Buy Inc., a Merrillville company that franchises 149 centers where members buy directly from manufacturers, has been acquired by Miami-based private investment firm Trivest Partners LP and Direct Buy managers.

Terms were not disclosed.

The parties said the deal will infuse the company with strategic and financial resources to expand.

In Indiana, Direct Buy has locations in Merrillville and at 8450 Westfield Blvd. in Indianapolis.

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