MPE Partners to acquire Mid-States Bolt & Screw.

MPE Partners, a private equity firm with offices in Cleveland, OH and Boston, MA, agreed to acquire Mid-States Bolt & Screw, a distributor of standard & specialty fasteners, tools, and industrial hardware serving wholesalers & retailers. Finanacial terms were not disclosed. "We are looking forward to partnering with the Somers family and the rest of the Mid-States team to accelerate the Company's growth through continued customer service and product availability, as well as organic and inorganic geographic expansion," Graham Schena, MPE Partner.