MSC Industrial Supply Co. Acquires Tower Fasteners
August 3, 2022
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.
- Buyers
- MSC Industrial Supply Co., All Integrated Solutions (AIS)
- Targets
- Tower Fasteners
- Industry
- Industrial Services
- Location
- New York, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Motor City Industrial Acquires Smith Fastener
January 21, 2019
Industrial Services
Motor City Industrial, a portfolio company backed by Kian Capital and Oakland Standard, has acquired Smith Fastener. The add-on expands Motor City’s geographic footprint and product/service capabilities across industrial end markets; Smith’s Brian Smith joins Motor City as Executive Vice President and General Manager.
-
White Cap Acquires Advanced Fastening Supply
June 30, 2025
Building Products
White Cap has completed the acquisition of the business of Advanced Fastening Supply (AFS), a Wisconsin-based supplier of fasteners, tools, safety products and related accessories. The AFS business will be integrated into White Cap's suite of brands, branches and value-added services to expand White Cap's product offering and regional footprint.
-
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.
-
Nautic Partners Acquires LindFast Solutions Group
April 15, 2019
Industrial Services
Nautic Partners, LLC has completed the acquisition of LindFast Solutions Group in partnership with LindFast management. LindFast, headquartered in Blaine, Minnesota, is a master distributor of specialty fasteners offering a deep virtual inventory (~130,000 SKUs) and value‑added services; Nautic plans to support organic growth, cross‑selling and selective add‑on acquisitions. Financing for the transaction was provided by Ally Financial and GSO Capital Partners.
-
Shimtech Industries Acquires Fastener Technology Corp
December 16, 2019
Aerospace & Defense
Shimtech Industries, a PE-backed aerospace components platform, has acquired Fastener Technology Corp. (FTC), a North Hollywood supplier of high-strength specialty fasteners for commercial and military aerospace customers. FTC will remain led by its existing management team and will integrate with Shimtech's aerospace divisions to expand manufacturing capacity and product offerings.
-
Sky Island Capital Acquires Majority Control of Material Sciences Corporation
May 13, 2019
Manufacturing
Dallas-based private equity firm Sky Island Capital made a majority investment in Material Sciences Corporation (MSC), a Canton, Michigan-headquartered producer of advanced materials and specialty coated metals. Sky Island said the investment will support organic growth and add-on acquisition activity as MSC serves end markets including transportation, building products, and packaging.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.