High Road Capital Partner’s Portfolio Company All Integrated Solutions Acquires Great Lakes Fasteners
High Road Capital Partners announced that its portfolio company All Integrated Solutions (AIS) has completed the acquisition of Great Lakes Fasteners Corporation.
Based in Grand Rapids, Michigan, Great Lakes Fasteners is a value-added distributor of fasteners and industrial components and provides vendor-managed inventory (VMI) programs to original equipment manufacturers.
“Great Lakes Fasteners’ focus on custom VMI programs and high-touch customer service are a compelling fit with AIS,” said Ben Schnakenberg, Partner, High Road Capital Partners. “This acquisition expands AIS’s reach into Michigan and the automotive and material handling industries, and solidifies AIS’s position as the leading independent distributor of industrial OEM components and MRO products in the Upper Midwest.”
AIS’s acquisition of Great Lakes Fasteners closed August 2, 2016. Transaction consideration was not disclosed.