PrimeSource Brands, a North American provider of specialty branded residential building products that’s backed by Clearlake Capital Group, announced that it has acquired Axxis, LLC. Axxis is a manufacturer and distributor of fastening tools and fasteners for industrial, packaging, and wood-to-wood applications — primarily under the Complete and KlinchPak brands. It mainly serves STAFDA distribution…
Clearlake Capital adding global building material distributor to its portfolio
Platinum Equity announced the signing of a definitive agreement to sell PrimeSource (PriSo) Holding Corporation to Clearlake Capital Group, L.P. With 34 distribution centers throughout the U.S. and more than 1,100 employees, PrimeSource is a global distributor of building materials serving residential, commercial, and industrial new-construction and remodeling markets. Core products distributed under its nationally…