XLCS Partners, Inc., a middle market investment bank, announced that it served as an exclusive advisor to Tower Fasteners in its sale to All Integrated Solutions (AIS), a subsidiary of MSC Industrial Supply. Tower is a second-generation value-added distributor of OEM fasteners and other components to a diverse set of industrial, medical equipment, aerospace, military,…
MSC Industrial acquires Tower Fasteners
MSC Industrial Supply, a premier distributor of metalworking, maintenance, repair, and operations supplies to industrial customers throughout North America, announced that it has acquired Tower Fasteners, a Holtsville, New York-based valued-added distributor of OEM fasteners and components. Under the equity purchase agreement, Tower Fasteners will continue to operate under its current name after becoming an…