Fastenal Acquires Manufacturer's Supply Company (Mansco) Assets

Monroe Engineering Acquires Fasteners, Inc.

January 31, 2023

Industrial Services

Monroe Engineering has acquired Fasteners, Inc., a regional wholesale fastener distributor based in Englewood, Colorado. The transaction, which closed January 31, 2023, was advised by Generational Equity and represents an add-on acquisition to Monroe’s industrial hardware and fastener platform to expand its regional distribution and inventory capabilities.

Commercial Metals Company Acquires EDSCO Fasteners LLC

July 13, 2023

Manufacturing

Commercial Metals Company (CMC) has acquired EDSCO Fasteners LLC from MiddleGround Capital. EDSCO is a manufacturer of anchor cages, bolts and fasteners serving the North American electrical transmission market from four plants in Texas, Utah, Tennessee and North Carolina; CMC says the purchase expands its construction reinforcement capabilities and positions it for increased demand from electrical transmission and renewable energy projects.

MANS Lumber & Home Acquires Michigan Timber & Truss

December 18, 2024

Building Products

MANS Lumber & Home has acquired Michigan Timber & Truss, a Flint-based custom roof truss manufacturer. The acquisition expands MANS Lumber's manufacturing capabilities and product offerings to better serve builders and homeowners across the construction and building sectors.

MSC Industrial Supply Co. Acquires Tower Fasteners

August 3, 2022

Industrial Services

MSC Industrial Supply Co. (through its All Integrated Solutions subsidiary) has acquired Tower Fasteners, a Holtsville, New York-based value‑added distributor of OEM fasteners and components. Tower will continue operating under its current name with President Mark Shannon remaining in place; the business has ~100 employees and reported approximately $35 million in revenue in 2021. MSC said the deal expands its presence in the OEM fastener market, complements AIS's Midwest footprint with Tower's East Coast and Southwest locations, and is roughly neutral to MSC's fiscal 2022 earnings and slightly accretive to fiscal 2023.

Candor Industrial Supply Acquires Connor Fastener, Inc.

July 6, 2024

Industrial Services

Candor Industrial Supply, Inc. has acquired Connor Fastener, Inc., a Macon, Georgia-based wholesaler of fasteners and related industrial supplies. The acquisition expands Candor’s geographic footprint and product offering across the U.S.; the sale was facilitated by IAG M&A Advisors and was executed by founder Michael W. Connor transitioning ownership.

MiddleGround Capital Acquires EDSCO Fasteners

January 15, 2020

Manufacturing

MiddleGround Capital, a Lexington-based private equity firm, has acquired EDSCO Fasteners, a Denton, Texas-based manufacturer and distributor of mission-critical anchoring systems, from LFM Capital. The deal positions MiddleGround to scale EDSCO's national footprint and expand into adjacent infrastructure end markets including utilities, telecommunications and transportation.