Date
Oct 2018
Region
Texas
Lawson Products Inc. acquired Generational Equity client Screw Products Inc. on October 1, 2018.
Screw Products Inc. (SPI) is the leading regional distributor of fasteners, hardware and related products to businesses.
Headquartered in Dallas, Texas, the company primarily distributes fasteners directly to manufacturing and original equipment manufacturing (OEM) customers for use in their products. What sets SPI apart from other distributors is its offering of customized fastener and components packaging, sub-assembly and kitting services.
Key SPI sales and operations employees will continue in their current roles reporting to SPI President and CEO Bill Marthens, who will oversee the day-to-day operations as Director, Segment Development, for Lawson Products.
“We are thrilled to join Lawson Products and are excited about the potential opportunities from leveraging their resources and experience,” Marthens said.
“Lawson supports our commitment to a high level of customer service and to growing our sales profitably. We look forward to a great future as part of Lawson.”
Lawson Products is a publicly traded distributor of products and services to the industrial, commercial, institutional and government maintenance, repair, and operations marketplace across North America.
With a home base in Chicago, Illinois, the company also manufactures and distributes production and specialized component parts, fasteners and fittings to the OEM marketplace. Lawson serves companies in the automotive repair, commercial vehicle maintenance, government, manufacturing, food processing, distribution, construction, oil and gas, mining, wholesale, and service industries.
"SPI’s deep expertise and successful execution in its markets have yielded strong profitability and sales growth,” said Lawson Products President and CEO Michael DeCata.
“This transaction further reinforces our commitment to being strategically focused and disciplined in pursuing acquisitions. As a result, Lawson is well-positioned to further penetrate the job shop/manufacturing market segment and to grow sales for both SPI and Lawson."
Generational Equity Senior Managing Director Michael Goss’s team, led by VP Corey Painter, successfully closed the deal. Senior Managing Director Joe Van Voorhis established the initial relationship with SPI.
“Both seller and buyer have a great deal of respect and admiration for what each has accomplished,” said Painter.
“This transaction provides additional resources and experience to our client for growth and new opportunities.”
Our dealmakers have extensive experience in the wholesale and distribution industry, supporting both sellers and buyers to reach deals that fulfill both sides’ goals.
To learn more about our history in this sector, visit our dedicated Wholesale and Distribution page.
The information we learn from customers helps us personalize and continually improve your experience. Here are the types of information we gather.
We receive and store any information you enter on our Web site or give us in any other way. We do not sell or rent your personal information to others without your consent. We use the information we collect only for the purposes sending promotional information, enhancing the operation of our site, serving advertisements, for statistical purposes and to administer our systems. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice.
DealForce, LLC’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. The sharing of your information among affiliates enables DealForce to serve you more efficiently and makes it more convenient for you to do business with Generational Group. DealForce is permitted by law to share information with its affiliates. All of our affiliates follow similar privacy policies.
For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information.
Generational Group may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Group at its office in Dallas, Texas.
This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Group does not want to receive confidential or proprietary information from you through our web site. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Our computer system protects personal information using advanced firewall technology.
Information Generational Group publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Such references do not imply that Generational Group intends to announce such products, programs or services in your country. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you.
Generational Group makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. In addition, a link to a non-Generational Group web site does not mean that Generational Group endorses or accepts any responsibility for the content, or the use, of such web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.
IN NO EVENT WILL Generational Group BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Furthermore, all information contained within this website is the property of Generational Group.