Adept Fasteners acquired Innovative Tooling Services to strengthen Adept’s position in the aerospace fastener market. Terms of the deal were not disclosed.

Founded in 1986 by Gene Ratcliff, Innovative Tooling supplies aerospace industry tools and tool repair from its facility in Grand Prairie, TX. Longtime GM Mark Wylie bought the business in 1996. Web: InnovativeTooling.com

“Together, we can transform the way we support our customers’ fasteners requirements by offering tooling solutions for fastener removal and installation across all fastener product types,” stated  Adept president Gary Young.

For more than 40 years, Valencia, CA-based Adept has distributed aerospace fasteners. Web: AdeptFasteners.com