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…
Tower Fasteners gains AS9100 Aerospace Certification
International industrial fastener and electronic hardware provider, Tower Fasteners, recently achieved AS9100 Rev. D quality certification — a current standard benefiting the aviation, space, and defense industries. AS9100 assures production meets quality requirements of the Department of Defense (DOD), NASA, and the FAA. “AS9100 will open up new opportunities for Tower to grow our business…