Third Coast Capital Advisors Represents Lawson Products in its Acquisition of F. B. Feeney Hardware

May, 2016

Third Coast Capital Advisors served as exclusive financial advisor to Lawson Products, Inc. in its acquisition of F.B. Feeney Hardware. Our Strategic 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 proprietary acquisition that we have sourced and closed for Lawson in the last seven months.

F. B. Feeney Hardware, headquartered in Mississauga, Ontario, Canada, has been serving the industrial market in Toronto and the surrounding areas since 1952 and is known as a fleet specialist. The company’s products and value proposition are similar to that of Lawson Products’ and include vendor managed inventory services.

Lawson Products, Inc. (NASDAQ:LAWS) is a distributor of consumable products serving the industrial, commercial, institutional and government maintenance, repair and operations ("MRO") market. Under its Kent Automotive brand, it supplies products and services to collision and mechanical repair shops as well as OEMs. The Company has over 900 sales representatives and nearly 100 sales managers and directors throughout North America. It is headquartered in Chicago, IL and publicly traded on the NASDAQ stock exchange.


Third Coast Capital Advisors is an investment banking firm in Chicago, focused exclusively on buyside work. We provide three primary services to our clients:

  • Acquisition Search: Our core focus is to work with PE owned portfolio companies and corporate clients to identify, contact, and execute directly negotiated acquisitions on their behalf.

  • Add-On Due Diligence: We perform market research during a competitive sale process to assess and validate the add-on potential for a new platform.

  • Buyside Consulting Services: We provide project based services including acquisition strategy development, market research and corporate development support.


Doug Lovette
Managing Partner
312-332-6484
dlovette@thirdcoastca.com

Mike Zycinski
Managing Director
312-332-6485
mzycinski@thirdcoastca.com

Matt Clarke
Managing Director
480-626-0017
mclarke@thirdcoastca.com