Monroe Engineering Holdings Acquires Spangle Fasteners, Inc.

January 2, 2018

Monroe Engineering Holdings, a ShoreView Industries portfolio company, has acquired Spangle Fasteners, Inc. as an add-on to Monroe’s industrial hardware platform. The deal — which adds Spangle’s fastener supply capabilities and warehouse footprint in Indiana and Texas — increases Monroe’s financial scale by roughly 30% and preserves Spangle’s management team to support cross-selling and geographic expansion.

Buyers
Monroe Engineering Holdings, LLC, ShoreView Industries, LLC
Targets
Spangle Fasteners, Inc.
Platforms
Monroe Engineering Holdings, LLC
Location
Indiana, United States
Transaction Type
Addon

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