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
- Industry
- Building Products
- Location
- Illinois, United States
- Transaction Type
- Addon
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