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  • EFC International Acquires Inventory Sales Company

    Posted in Acquisitions, Fastener distribution, Industry 4.0 on Mar 13, 2023

    ST. LOUIS, MISSOURI – March 2, 2023. Frontenac-backed EFC International announced March 2 that it has acquired St. Louis-based Inventory Sales Company (ISC), a distributor of fastener products, components, and struts/accessories to diversified industrial and infrastructure markets. Financial terms of the deal were not disclosed.

    EFC, based in St. Louis, MO, operates globally and provides solutions such as engineering support, sales and marketing, distribution, and high-touch service to customers in the automotive, industrial, and other technical end markets. The Company has served as a critical link between suppliers and customers for over 35 years. EFC has a history of growth driven by longstanding supplier relationships and a tenured customer base.

    ISC, founded in 1972 by Jim Friedmann and headquartered in St. Louis, MO, is a distributor of Class-C parts with a primary focus on fasteners and strut accessories. The company has a highly reputable and well-established brand and is known for outstanding levels of service through its broad capabilities including vendor managed inventory programs, in-house fabrication, kitting, and a strong sales force. ISC also has operations and a warehouse in Kansas City, KS and St. Elizabeth, MO.

    Matt Dudenhoeffer, EFC CEO, who will lead the combined company, stated “The ISC acquisition provides us with tremendously increased scale and diversification while further expanding and strengthening the product and service offerings of both companies. The acquisition is very strategic, and what is also impressive is the alignment of company cultures and similar histories. We believe the sky is the limit for what we can accomplish together through the strong collaboration of these great teams.”

    ISC President, Cathy Friedmann, who will continue to lead ISC, added that “This combination of our two companies is such a great fit; it gives us the platform to grow beyond what we ever previously imagined. EFC dramatically enhances our technical capabilities and our product and service offerings as well as geographic footprint. The customer has always been king at ISC, and now we can serve them even better than before. This acquisition creates additional opportunities for our customers, suppliers, and employees alike.”

    About EFC

    EFC International, headquartered in St. Louis, is a global provider of engineered fasteners and specialized component solutions serving the automotive, electrified vehicle, industrial and distribution marketplaces. Providing a high level of engineering support to customers and protecting supply chains is a cornerstone of EFC’s model. Close supplier partnerships with market leaders and innovators enables EFC to meet the unique and evolving needs of each customer. EFC’s engineered products include plastic injection molded components, spring steel stampings, cold-formed fasteners, clamp products, motion control and routing components, electrical/electronic connectors, and light assemblies among numerous other products. EFC has locations in North America, Europe, and Asia. To learn more about EFC and to explore their online engineering guides, please visit www.efc-intl.com.

    About ISC

    St. Louis-based Inventory Sales Company is a distributor of fasteners, specialty components, struts, and strut accessories to a diversified group of customers and industrial end markets. ISC creates value through stocking a large breadth of product and acting as an outsourced, scaled purchasing team for its customers. Service capabilities include VMI programs, customized kitting/packaging/labeling, in-house fabrication, stud welding, technical product assistance and global sourcing. The company provides valued customer service by having short lead times, a wide selection of products, customized inventory programs, and by following a simple mantra – “The Customer is King.” To learn more, please explore www.inventorysales.com.

    About Frontenac

    Frontenac is a Chicago-based private equity firm. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial, and services industries. Frontenac works in partnership with established operating leaders, through an executive-centric approach called CEO1ST, which seeks to identify, acquire, and build market-leading companies through transformational acquisitions and operational excellence. Over the last 50+ years, Frontenac has built a leading franchise working with over 300 owners of mid-sized businesses as they address complex transition issues of liquidity, management enhancement, and growth planning. For more information, please visit frontenac.com


    Author: EFC International

  • EFC International Partners with Research Engineering & Manufacturing, Inc. (REMINC)

    Posted in Fastener distribution, Industry 4.0, Innovation, Manufacturing technology on May 18, 2022

    EFC International is pleased to announce its expanded focus on the world-wide distribution of genuine parts made by Research Engineering & Manufacturing, Inc. (REMINC) Authorized Licensees. EFC’s team of application engineers support customers with advanced engineering assistance, direct factory relationships and rapid prototype solutions, as well as extensive value analysis and value engineering services. Matt Dudenhoeffer, President and CEO of EFC, states, “EFC, REMINC and REMINC’s Licensees look forward to this partnership knowing that end-users will benefit from our combined strengths.”

    REMINC’s Licensed products include best-in-class fastener brands, including the TAPTITE® family of thread-forming screws. TAPTITE® screws, primarily for metal applications, deliver increased performance and cost savings. They remove the costly labor, solvents, and time required for the thread tapping process in manufacture, as well as any external hex nuts, lock washers and related hardware required for assembly. TAPTITE® fasteners optimize metal-to-metal contact in assemblies, significantly improving their electrical grounding performance vs conventional machine screws. This performance makes TAPTITE® fasteners the industry leading choice for electrical grounding applications in the global automotive and EV industries. TAPTITE® fasteners also partner exceptionally well with lightweight alloys, making them a perfect fastener selection for the energy efficient vehicles of the future.

    Steve Kirkpatrick, President of REMINC, states, “Genuine quality parts with global availability are the backbone of REMINC’s business, and this mission dovetails perfectly with EFC’s commitment to the distribution of authentic, quality parts globally.” REMINC, together with its sister company CONTI Fasteners AG, has a global Licensee network with over 100 manufacturing locations worldwide.

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    Author: EFC International

  • EFC International Announces Expansion with New Warehouse and Office in Chicago

    Posted in Fastener distribution, Fastener suppliers on May 20, 2020

    EFC International, a leading supplier of engineered fasteners, continues to expand. They are moving their Chicago branch office and warehouse to a new 64,000 square foot facility...

  • EFC International Expands Product Line With Air Filter Hardware Components

    Posted in Fastener distribution, Fastener suppliers, Hardware on Feb 07, 2020

    EFC International is pleased to announce the addition of air filter clips and specialty air filter fasteners, manufactured by Springfield Spring & Stamping, to their product line. Springfield Spring & Stamping is a leading manufacturer of...

  • EFC International Launches Power BI

    Posted in Fastener distribution, Fastener suppliers, SAP and CRM systems on Oct 18, 2019

    Engineered fastener and components distributor, EFC International, has implemented the advanced Power BI system (from Microsoft), linked to...