Fab-Tech Supply, Inc. has been acquired by FT Acquisition Company, LLC
The private shareholders of Fab-Tech Supply, Inc. have sold the company to FT Acquisition Company, LLC (FAC) for an undisclosed consideration.
Founded in 1992 in Jacksonville, Florida, by Marty Hussey and Chuck Hullender, Fab-Tech Supply is a manufacturer of specialized hardware used in the fabrication of electrical sheet metal enclosures. In addition, the company is a distributor of metal hinges and stainless steel fasteners.
FAC is an investor group planning to modernize the operations of Fab-Tech to better serve the existing customer base and acquire new customers. In addition, FAC will focus on diversifying the current product mix to serve additional industries.
Oaklins' team in Jacksonville acted as intermediary and financial advisor to the seller in this transaction.
Talk to the deal team
Related deals
Varsteel, Ltd. has acquired Pacific Steel, Inc.
Pacific Steel, Inc. has been acquired by Varsteel, Ltd.
Learn moreCooksey Iron & Metal Company has been acquired by Reliance Steel & Aluminum Co
The shareholders of Cooksey Iron & Metal Company have sold the company to Reliance Steel & Aluminum Co.
Learn moreStark Metal Sales has been acquired by Pennsylvania Steel Company
The shareholders of Stark Metal Sales have sold the company to Pennsylvania Steel Company.
Learn more