PrimeSource Brands Acquires Axxis, LLC

May 3, 2022

PrimeSource Brands, a Clearlake Capital-backed provider of specialty residential building products, has acquired Axxis, LLC, a distributor of fastening tools and collated fasteners that markets under the Complete and KlinchPak brands. The add-on deal expands PrimeSource's pneumatic fastener portfolio and customer reach; financial terms were not disclosed and Axxis CEO Carl Schneider will remain involved.

Buyers
PrimeSource Brands, Clearlake Capital Group, L.P.
Targets
Axxis, LLC
Platforms
PrimeSource Brands
Location
Illinois, United States
Transaction Type
Addon

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