Raymond Capital Management has acquired Mesa Fastener Inc., a long-established fastener distributor based in San Diego, in a deal that underscores growing investor interest in industrial distribution. The transaction, announced by advisory firm Generational Group, closed on August 11. Financial terms were not disclosed.
Founded in 1977, Mesa Fastener supplies more than 10,000 types of commercial threaded fasteners — from bolts and rivets to anchors, washers and specialty items — to a broad base of industrial customers across the U.S. Southwest. The company started by serving the mobile home awning market and has since built a reputation as a reliable source for both standard and hard-to-find products, which is critical to keeping construction and manufacturing projects on schedule.
Raymond Capital Management, headquartered in St. Louis, specializes in acquiring and building industrial brands. Its portfolio companies serve industries including manufacturing, construction, transportation, healthcare, energy, and utilities. The firm brings operational expertise, supply chain consulting, digital analytics, and inventory management solutions to its holdings, aiming to drive long-term growth and operational efficiency.
“This transaction demonstrates our focus on forming partnerships that matter,” said Ryan Binkley, CEO of Generational Group, in a statement. “Together, these two organizations bring complementary strengths and a clear path toward future growth.”
Generational Group, based in Dallas, has more than 300 professionals across 16 offices in North America and has closed over 1,700 transactions since its founding. The firm has consistently ranked among the top advisory firms in the London Stock Exchange Group league tables for midmarket M&A deals.
The acquisition gives Raymond Capital Management an entry point into the fastener distribution market and sets the stage for Mesa Fastener to accelerate growth under new ownership.
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