Fulton Asset Management completed the acquisition of AFCO Industries.

Fulton Asset Management, a family office and investment vehicle, completed the acquisition of AFCO Industries, a provider of building materials and products. Financial terms were not disclosed. "After careful consideration, we chose XLCS over a Big Four firm for their hands-on leadership and proven strategy to maximize value for our employee-owners. Unwinding an ESOP can be complex, but XLCS was with us every step of the way. Their results-driven approach generated significant interest and ultimately delivered the best possible buyer for our company. I'm genuinely grateful we chose them to guide us through this process. If I ever had to sell another company, XLCS would, without hesitation, be my first call," Don Fowler, AFCO President and CEO.