Bertram Capital Invests in NEFCO to Create Industrial Distribution Platform

Leonard Green Acquires NEFCO from Bertram Capital

January 16, 2026

Building Products

Leonard Green & Partners has completed the acquisition of NEFCO Holding Company LLC from Bertram Capital. NEFCO is a Hartford, Connecticut-based value-added distributor of SHARP products, tools, safety items and jobsite consumables with more than 70 U.S. locations; terms were not disclosed.

Bertram Capital Acquires AFC Industries from Incline Equity Partners

April 20, 2021

Industrial Services

Bertram Capital announced the acquisition of Fairfield, Ohio-based AFC Industries, a distributor of fasteners and C-parts and provider of vendor-managed inventory and value-added kitting/assembly services. AFC was sold by Incline Equity Partners; financial terms were not disclosed. Bertram said it will leverage its Bertram Labs technology and operational playbook to accelerate AFC's organic and acquisitive growth across its North American footprint.

Synagro Technologies Acquires New England Fertilizer Company (NEFCO)

November 29, 2023

Environmental Services

Synagro Technologies, Inc. has acquired New England Fertilizer Company (NEFCO), a Massachusetts-based biosolids management company, in a strategic transaction that expands Synagro's thermal-drying and beneficial-use capabilities. The deal adds five large facilities and several major municipal clients to Synagro's network, advancing its circular-economy offerings and capacity for biosolids beneficial use.

Bertram Capital Acquires BCI Burke from The Halifax Group

December 15, 2021

Manufacturing

Bertram Capital has acquired BCI Burke, a Fond du Lac, Wisconsin-based manufacturer of commercial playground and outdoor recreation equipment. Terms were not disclosed; Bertram said it will treat Burke as a new industrial platform and pursue buy-and-build growth, geographic expansion and new product introductions. The Halifax Group sold Burke and management, including CEO Mike Phelan, will remain in place.

AFC Industries (Bertram Capital) Acquires Chicago Industrial Fasteners

December 31, 2023

Industrial Services

AFC Industries, a portfolio company of Bertram Capital Management, has acquired Chicago Industrial Fasteners, a West Chicago, Illinois-based distributor of specialty and standard fasteners. Mazzone & Associates acted as exclusive financial advisor to Chicago Industrial Fasteners; the deal expands AFC's supply-chain capabilities and product offerings for OEMs across heavy truck, renewable energy, defense and automotive end markets.

Bertram Capital Invests in MSE Supplies

September 25, 2024

Industrial Services

Bertram Capital has made an investment in MSE Supplies, a Tucson-based supplier of advanced materials, laboratory equipment, lab supplies and analytical services. Bertram plans to leverage its in-house technology team, Bertram Labs, to accelerate MSE's growth and digital capabilities; terms were not disclosed.