February 9, 2026
Private equity's news leader since 2007
Chicago, Illinois
"There is a right and a wrong in the universe, and that distinction is not hard to make."
Superman
MW Industries, a maker of springs and specialty fasteners, has acquired USA Fastener Group. MW Industries is a portfolio company of Genstar Capital.
USA Fastener is a manufacturer of a wide variety of fasteners including both studs and nuts. The company also has machining capabilities such as computer numerically controlled (CNC) machining and milling, drilling, tapping, sawing, threading, and hot forging. A variety of coating and plating services are also offered including polytetrafluoroethylene (PTFE – aka Teflon) coating, zinc plating, cad plating, hot-dipped and mechanical galvanizing. USA Fastener was founded in 2002 and is headquartered in Houston (www.usafgrp.com).
“The USA Fastener Group brand has an excellent reputation for quality, customer service, material flexibility, engineering expertise and on-time delivery,” said Bill Marcum, CEO of MW Industries. “The company’s products and workforce are highly complementary to our existing business base.”
MW Industries, acquired by Genstar in June 2011, is a provider of springs, specialty fasteners, machined parts and other precision components to more than 23,000 customers in 35 countries. The company’s 40,000 SKUs are sold through a combination of direct sales, catalogs and distributors to original equipment manufacturers and aftermarket customers in the aerospace, medical, electronics, energy, agriculture/construction, automotive replacement and military sectors. MW Industries is based in the Chicago suburb of Rosemont (www.mw-ind.com).
Genstar, which had a final close in August 2015 of its seventh fund with $2 billion in commitments, invests from $50 million to $400 million in middle-market companies that have enterprise values from $50 million to $1 billion and EBITDAs greater than $15 million. Genstar targets investments in the financial services, software, industrial technology, and healthcare industries. The firm was founded in 1988 and is based in San Francisco (www.gencap.com).
© 2016 Private Equity Professional • 2-16-16
© 2016 Private Equity Professional | February 16, 2016
