May, 2017

Third Coast Capital Advisors served as exclusive financial advisor to AFC Industries, a portfolio company of Incline Equity Partners, in its acquisition of Accurate Fasteners. Our Acquisition Search services included identifying the target and making contact with its owner, as well as providing assistance on valuation, transaction structure and the negotiation and closing of the transaction. This transaction represents a good example of our ability to identify and execute proprietary, strategic add-on acquisitions for private equity portfolio companies.

Accurate Fasteners, based in Boston, Massachusetts, is a value-added distributor of fasteners and related products to customers in a variety of end-markets, including healthcare, information technology, electrical equipment and general industrial. Accurate provides a number of value-added services including inventory management, kitting and packaging and specialty labeling. Accurate carries over 60,000 items from the top manufacturers in the industry.

AFC Industries, based in Fairfield, Ohio, is a united group of companies providing supply chain management expertise in support of original equipment manufacturers (OEM’s) and their assembly plants. AFC is a value-added provide of fastening and other assembly components (C-Items), specializing in “Point-of-Use-Delivery”, vendor managed inventory systems. The company supports a diverse industry base of manufacturers that include medical, rail, solar energy, defense, automotive, fluid handling, food equipment, lighting, and many other industries.