Acquisition
Triangle Fastener Corporation® (TFC) announced that as of November, the company has finalized an acquisition agreement with Pro Fastening Systems (PFS), Inc.
Since it’s founding in 1980, Pro Fastening Systems, Inc. has been a leading provider of specialty fasteners and products to construction industry professionals across the United States with special emphasis in the Mid-West. In 2012 PFS Acquired Ink Smith, a wholesale distributor of sealants and waterproofing products. TFC will retain all 42 PFS employees with Don Egan remaining in a senior management role.
With the addition of the PFS business, TFC will now have 31 branch locations and three distribution centers across the United States. TFC will be able to leverage PFS’s existing sales infrastructure, as well as the expertise of knowledgeable personnel to provide a strengthened market position and allow us to better serve their customers locally and across the country. The acquisition of PFS fits well with TFC’s long-term plans to grow its business through acquisitions of successful fastener distributors in large markets not currently serviced by TFC
The Triangle Fastener Corporation was started in 1977 in Pittsburgh, Pennsylvania, and has since grown to 27 branch locations and three distribution centers. Through focusing on roofing, metal building as well as the drywall and acoustical trades TFC has been able to continually grow its portfolio of business. TFC is very proud of its TFC specific brands which include Concealor®, Blazer®, and APS500 as well as other trademarked products and several patented products for the construction industry.
As a member of the SFS Group, TFC is spearheading SFS’s expansion into some of the most valuable markets in the United States. With international headquarters in Herrbrugg, Switzerland, SFS is a worldwide leader in supplying precision components and assemblies, mechanical fastening systems, quality tools, and logistics solutions.