Clearlake-backed PrimeSource to acquire Wolf Home Products from Tenex Capital Management.

Clearlake-backed PrimeSource, a distributor of fasteners and building materials, agreed to acquire Wolf Home Products, a supplier of kitchen cabinets and building products, from Tenex Capital Management, a private equity firm. Financial terms were not disclosed. "CEO Craig Danielson and his team have created a terrific service model that differentiates Wolf from anyone in their space, and the national footprint and overall scale PrimeSource brings will enable them to expand rapidly. Their leadership in Wolf-branded products, combined with a focus on the high growth markets in and around residential repair and remodel and outdoor living, fits very well with our strategy," Tom Koos, PrimeSource CEO.