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.

Targets
Axxis, LLC
Platforms
PrimeSource Brands
Location
Illinois, United States
Transaction Type
Addon

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