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Distributor's Link Magazine Fall Issue 2012 / VOL 35 / NO.4

38 THE DISTRIBUTOR’S

38 THE DISTRIBUTOR’S LINK Richard Hagan Richard P. Hagan is the president of Pinnacle Capital Corporation, a boutique investment banking firm which specializes in providing merger & acquisition advisory services to the global fastener industry. Hagan has more than twenty-three years of international investment banking experience and has worked on successful domestic and cross-border M&A transactions, corporate restructurings and capital raisings. Hagan earned a B.A. in Economics from the University of North Carolina at Chapel Hill and an M.B.A. in Finance from Fordham University in New York City. Contact: Phone: 212-267-8200 or Email: rphagan@pinnaclecapitalcorp.com. FASTENER COMPANY ACQUISITIONS COMPLETED DURING THE FIRST HALF OF 2012 In this article, we will briefly review all the fastener company acquisitions - a total of 15 worldwide - completed during the first 6 months of 2012. Of course, it is impossible to track every single fastener company transaction because many deals involving private companies are not publicly disclosed. That said, we believe the following list is the most comprehensive (and detailed) you will find. On January 25, 2012, Novaria Group Inc. purchased Fitz Manufacturing Industries, Ltd. (“Fitz”). Fitz, a privately-owned company, was founded in 1995 and is located in North Richland Hills, Texas (outside Fort Worth). The company manufactures a diverse range of nuts, bushings and precisionmachined components for the aerospace marketplace (for both military and commercial applications). Fitz operates from a single 132,000 square foot facility and employs approximately 150 people. Following the transaction closing, the company was renamed Fitz Aerospace Inc. Novaria Group is a private investment firm that acquires and develops aerospace component manufacturing companies. Based in Fort Worth, Texas, Novaria Group is the newly-formed aerospace and aviation investment platform of Satori Capital LLC. Purchase price: not available On January 30, 2012, B/E Aerospace Inc. (Nasdaq: BEAV) purchased UFC Aerospace Corp. UFC Aerospace, a privatelyowned company, was founded in 1972 and is headquartered in Holtsville, New York. UFC Aerospace is a global distributor of fasteners and related assembly hardware to the aerospace market. The company also provides value-added Inventory Supply Chain Management Services, including kitting and JIT delivery programs. UFC Aerospace has approximately 250 employees in 17 locations across the United States and in 6 countries around the world. B/E Aerospace is the world’s largest distributor of aerospace fasteners and consumable hardware and the world’s leading designer and manufacturer of aircraft cabin interior products (for both commercial aircraft and business jets). Purchase price: 0 million On February 17, 2012, MW Industries Inc. purchased Pontotoc Spring, a division of Union Spring & Manufacturing Corporation. Pontotoc Spring, located in Pontotoc, Mississippi, is a manufacturer of aftermarket coil springs used in automobile and light truck suspension systems. The company also manufactures metal stampings for a diverse range of industrial, consumer and automotive applications. MW Industries is a manufacturer of engineered mechanical components, including highly-engineered springs, specialty fasteners, machined components, precision stampings and custom wire forms. The company is headquartered in Logansport, Indiana and is comprised of 14 operating divisions located in 10 states across the United States. MW Industries is a portfolio company of Genstar Capital LLC, a San Francisco-based private equity firm. Purchase price: not available please turn to page 218

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