Inflexion-backed Shimtech Industries to acquire Fastener Technology.

Inflexion-backed Shimtech Industries, which manufactures aerospace equipment, agreed to acquire Fastener Technology, which designs and manufactures fastener parts. Financial terms were not disclosed. “The FTC team has built a fantastic business with an unrivalled reputation. We are excited about the complementary nature of our products and look forward to building on Gulistan’s foundation as we serve our customers and take our business to the next level,” Brian Williams, Shimtech CEO.