Fastenal

Fastenal Company, headquartered in Winona, Minnesota, specializes in the wholesale distribution of industrial and construction supplies across North America and internationally. Established in 1967, the company initially focused on fasteners but has since expanded its product offerings to include a wide range of supplies such as bolts, nuts, screws, machinery keys, concrete anchors, and various hardware. Fastenal serves diverse markets, including manufacturing, maintenance and repair operations, non-residential construction, agriculture, and governmental entities. With a network of over 2,700 branches and 15 distribution centers, Fastenal provides tailored local inventory and personal service, catering to approximately 400,000 active customers. The company also offers supply chain solutions, including vending and vendor-managed inventory, enhancing its role as a comprehensive supplier for original equipment manufacturers and contractors.

Anthony P. Broersma

Executive Vice President of Operations

Charles Miller

Senior Executive Vice President

3 past transactions

Mansco

Acquisition in 2017
Manufacturers Supply Company (Mansco) is a distributor based in Hudsonville, Michigan, specializing in production fasteners and supply items for various industries. The company offers an extensive range of products, including bolts, nuts, screws, washers, taps, rings, rivets, and various tools and fittings. With over 100,000 square feet of warehouse space in Hudsonville and Huntsville, Alabama, Mansco ensures timely delivery and quality control through in-house management systems. Their services include bar coded inventory, laser sorting, kitting, light assembly, and fastener management programs tailored to meet specific customer requirements. Mansco is committed to total customer satisfaction and is supported by a knowledgeable sales and support team dedicated to addressing the fastener needs of its clients.

MachineMetrics

Seed Round in 2016
MachineMetrics Inc. is a company that specializes in developing real-time production monitoring software for various manufacturing sectors, including aerospace, automotive, and medical devices. Founded in 2014 and headquartered in Northampton, Massachusetts, the company offers an automated cloud solution that collects, analyzes, and visualizes machine data. This platform provides manufacturers with real-time dashboards and notifications, enabling them to address production issues promptly and make informed decisions. By simplifying the integration of Internet of Things (IoT) technology on the shop floor, MachineMetrics enhances manufacturing efficiency, reportedly improving performance by over 20% for its clients. The company's focus on delivering deep analytics and predictive insights allows clients to digitize legacy processes and maximize profitability.

Av-Tech Industries

Acquisition in 2014
Av-Tech Industries, Inc is a wholesale distributor of aerospace and commercial fasteners, electronic components, and miscellaneous aircraft.
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