By Generational EquityMar 15, 2016, 03:00 et
Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Disc-Lock, Inc.(Disk-Lock), headquartered in El Segundo, California, by Sherex Fastening Solutions LLC (Sherex), headquartered in Tonawanda, New York. The acquisition closed on February 29, 2016.
Established over 30 years ago, Disc-Lock designs and manufactures highly-specialized vibration-proof fastening systems. Disc-Lock's patented fasteners are used for numerous applications in a variety of industries worldwide, contributing to its proprietary manufacturing process. To learn more, visit www.disc-lock.com.
Managing Director Stephen Crisham and Vice President Mike Meredith led the Generational Equity deal team that advised Disc-Lock on the transaction.
Mike stated, "This was a unique transaction in that Disc-Lock had developed numerous patented fastening solutions but had a limited marketing and sales function."
"The buyer had an extensive sales and distribution network, and wanted to add additional products to its portfolio of fastening solutions. The synergies of the combined entities was obvious to both our client and the buyer."
Sherex is a global manufacturer of engineered fastening solutions, combining fasteners, tooling, and automation to deliver the best solution at the lowest total installed cost. Learn more by visiting www.sherex.com.
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