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Primesource Acquires Axxis, Expanding Portfolio Of Specialty Residential Building Products

PRIVATEMay 03, 2022

Acquiring Company

PrimeSource Building Products

Acquired Company

Axxis

IrvingGermanyManufacturingConstructionBuilding MaintenanceBuilding Material

Description

PrimeSource Brands ("PrimeSource" or the "Company"), a North American provider of specialty branded residential building products backed by Clearlake Capital Group, L.P. ("Clearlake"), announced today that it has acquired Axxis, LLC ("Axxis"), a provider of fastening tools and collated fasteners. The transaction is PrimeSource's fourth acquisition during Clearlake's ownership. Financial terms were not disclosed.

Quick answer

PrimeSource Building Products is acquiring Axxis, announced May 3, 2022. PrimeSource Building Products is based in Irving, Texas, United States.

How much did PrimeSource Building Products pay for Axxis?
The deal value was not disclosed.
What does PrimeSource Building Products do?
PrimeSource Building Products is a North American leader in specialty branded building materials.
Where are PrimeSource Building Products and Axxis based?
PrimeSource Building Products is based in Irving, Texas, United States. Axxis is based in Germany.

Source: Fundz verified event record.

Other recent acquisitions in Construction and Building Maintenance

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

PrimeSource Building Products

Location

Irving, Texas, United States

About

PrimeSource Building Products is a North American leader in specialty branded building materials. The company focuses on providing high-performance, design-forward products for residential and commercial construction. Recently, it expanded its Outdoor Living portfolio with the introduction of Keylink aluminum railing systems designed for various regional demands. PrimeSource aims to help professionals respond to a growing demand for smarter, more durable outdoor design.

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Frequently asked

Who acquired Axxis?

Axxis was acquired by PrimeSource Building Products, based in Irving. The deal was reported on May 3, 2022. PrimeSource Building Products is a North American leader in specialty branded building materials. The company focuses on providing high-performance, design-forward products for residential and commercial construction. PrimeSource Building Products is privately held and operates in Manufacturing.

When did PrimeSource Building Products acquire Axxis?

PrimeSource Building Products's acquisition of Axxis was reported on May 3, 2022. PrimeSource Brands ("PrimeSource" or the "Company"), a North American provider of specialty branded residential building products backed by Clearlake Capital Group, L.P. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Axxis do?

AXXIS - the German rock band since 1989 ! Join our AXXISWORLD with infos, news, tourdates, fanclub, merchandising, screensaver, downloads, paypal shop, recordingstudio etc. It is privately held, and is based in Germany.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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