Audax Private Equity has partnered with management to acquire Fastener Distribution Holdings, LLC (FDH) from Housatonic Partners. Terms were not disclosed.

Marina del Rey, CA-based FDH distributes aerospace fasteners and other c-class components to commercial and defense aircraft manufacturers, subcontractors, and component distributors through its Arlington International Aviation Products (AIAP) and Aircraft Fasteners International (AFI) divisions.

“FDH is a highly regarded leader in the fragmented aerospace c-class components distribution market,” stated Audax co-CEO Geoffrey Rehnert. “We are excited to partner with Scott Tucker, Bill Ganss, Rick Ferguson, and the entire FDH team to continue building a leading platform through organic growth and add-on acquisitions.”

FDH CEO Scott Tucker added: “Audax brings expertise and resources that will help us grow through strategic acquisitions while continuing to provide the outstanding service our customers have come to expect.”

Audax Private Equity is part of Audax Group, which purchased Elgin Fastener Group (EFG) in 2011. Ohio-based EFG is an integrated manufacturer combining ISO certified legacy companies such as: Ohio Rod Products, Leland Powell Fasteners, Chandler Products, Silo Fasteners, Landreth Fastener, Quality Bolt & Screw, Northern Wire LLC, Telefast Industries, Vegas Fastener Manufacturing and Best Metal Finishing. Web: elginfasteners.com

Founded in 1999, Audax Group is an alternative asset management firm with investments in middle market companies. With offices in Boston, New York, and Menlo Park, Audax Group has over $11 billion in assets under management. Web: audaxgroup.com