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Announced

Completed

Frontenac completed the acquisition of EFC International.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Private

Friendly

Majority

Acquisition

Single Bidder

Private Equity

specialty fasteners

Domestic

industrial supplies

Electrical Components

United States

Synopsis

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Frontenac, a private equity firm, completed the acquisition of EFC International, a distributor of value-added specialty fasteners. Financial terms were not disclosed. "We have enjoyed strong growth over the past several years as we executed on a number of key initiatives that have expanded our global reach as well as our customer and supplier base. With Frontenac as our new partner, we are excited to leverage their industrial distribution expertise to continue our expansion plans, both organic and inorganic, and continue to increase market share both domestically and abroad," Matt Dudenhoeffer, EFC International CEO.

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