December, 2018

Third Coast Capital Advisors served as exclusive financial advisor to AFC Industries, a portfolio company of Incline Equity Partners, in its acquisition of Victory Bolt and Specialty. 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 the third acquisition that we have sourced for AFC and is a good example of our ability to identify and execute proprietary, strategic add-on acquisitions for private equity portfolio companies.

Victory Bolt and Specialty, based in Charlotte, North Carolina, is a full service distributor of fasteners, components and VMI solutions. The company offers a wide range of fasteners for the construction, marine, public works, utility, solar and medical industries. Value added services include specialty kitting, packaging and assembly.

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.