U.S. NUT AND BOLTS HAS BEEN ACQUIRED BY BOLTS & NUTS CORP

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ABOUT THE TRANSACTION:

U.S. Nut and Bolts (the “Company”) has been acquired by Bolts & Nuts Corporation (“Bolts & Nuts” or the “Buyer”).

Headquartered in Louisville, Kentucky, U.S. Nut and Bolts operated as a full service distributor of fasteners and related products. For nearly ten years, the Company has served customers throughout the commercial, industrial and manufacturing sectors.

U.S. Nut and Bolts developed its business by providing customers with reliable access to essential fastener products. Additionally, its Louisville location provided an established presence within an important manufacturing and distribution market.

Bolts & Nuts began operations in Chattanooga, TN, in 1979 as a regional fastener distributor. Over time, the company expanded its capabilities, geographic reach, and customer base beyond its original regional footprint.

The acquisition of U.S. Nut and Bolts represented another step in the Buyer’s continued expansion. Furthermore, the Louisville location complemented its existing operations and facility in Danville, Kentucky. Through the acquisition, Bolts & Nuts strengthened its ability to serve manufacturers and original equipment manufacturers throughout the region. The transaction also expanded its presence across Kentucky, southern Indiana, and Ohio.

Randy Crowdis, CEO of U.S. Nuts and Bolts, said, “In combining with Bolts & Nuts, our team acquires the advantages of global scale while marrying up with a company whose core values are focused on delivering value to our four key stakeholders: customers, team members, community, and suppliers.”

Allston Advisory Group served as the exclusive financial advisor to U.S. Nut and Bolts and its owner. Allston performed an Analysis of Value and prepared a comprehensive Confidential Information Memorandum. Additionally, Allston developed and managed a confidential sale process designed to identify qualified prospective buyers. The firm coordinated buyer communications, assisted with negotiations, and supported the seller throughout due diligence.

Allston also worked alongside the seller’s other professional advisors as the transaction progressed toward closing. Ultimately, the transaction provided liquidity to the owner while transitioning the Company to an established, high-growth, and well-capitalized strategic buyer.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an independent mergers and acquisitions advisory firm serving lower middle market businesses through the United States. The firm provides sell-side advisory, business valuations, and exit planning services to privately held companies across diverse industries. Allston works closely with business owners to understand their objectives and prepare their companies for the transaction process. The firm then manages a disciplined and confidential sale process from initial preparation through closing.

For additional information on this transaction, please contact one of our advisors.

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Allston Advisory Group is an experienced boutique M&A advisory firm providing a variety of services to lower middle market companies. See our footer for contact information.

(502) 742-2933
[email protected]
P.O. Box 21266, Louisville, KY 40221

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