U.S. NUT AND BOLTS HAS BEEN ACQUIRED BY STOCK’D SUPPLY

ABOUT THE DEAL:

U.S. Nut and Bolts (the “Company” and “Sellers”) has been acquired by Stock’d Supply (“Stock’d” or the “Buyers”). Headquartered in Louisville, Kentucky, the Company, a full service fastener distributor, has served the commercial, industrial and manufacturer sectors for nearly ten years.

Stock’d Supply was born in 1979 as Bolts & Nuts Corporation in Chattanooga, TN as a regional fastener distributor, supplying businesses within 70 miles of its facility. The acquisition of the Company by Stock’d further supports Bolts & Nuts’ growth and expansion strategy, following the recent opening of its new headquarters in Chattanooga, Tennessee and new facility in Danville, Kentucky. With a new branch in Louisville, Bolts & Nuts broadens its ability to serve strategic manufacturers and OEMs in the Commonwealth of 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 the Sellers, U.S. Nut and Bolts. Allston established a valuation assessment of the Company, prepared a thorough confidential memorandum, assisted with the Buyer’s due diligence, and facilitated the confidential sale process on behalf of the Sellers. Consequently, the transaction satisfied the Seller’s desires for liquidity as well as provide employees with an established, high-growth and well-capitalized new owner.

ABOUT ALLSTON ADVISORY GROUP, LLC:

Allston Advisory Group, LLC is an experienced M&A advisory firm providing mergers & acquisitions, business valuations, and exit strategies, to lower middle market companies. The firm has an established track record of serving corporate clients across a broad spectrum of industries throughout the United States. Allston Advisory Group has the experience, professional fortitude, and quality of work that enable the firm to consistently deliver high-level results to its clients.

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

NEWS SOURCES:

• http://www.bizjournals.com/louisville/news/2016/04/15/true-story-bolts-nuts-acquires-us-nut-and-bolts.html
• http://www.inddist.com/news/2016/04/bolts-nuts-corp-acquires-louisvilles-us-nut-and-bolts
• http://www.timesfreepress.com/news/business/aroundregion/story/2016/apr/16/chattanoogcompany-bolts-and-nuts-corp-acquire/360455/