Fastener Distribution Holdings (FDH), a portfolio company of Audax Private Equity, acquired Blue Sky Industries, a Monterey Park, CA-based distributor of C-class parts to aerospace and defense MRO and OEM customers. Terms of the deal were not disclosed.

“The acquisition strengthens FDH’s position in the MRO distribution market and expands FDH’s operating footprint into Europe,” FDH said in a statement.

FDH CEO Scott Tucker added: “Blue Sky is a well-respected leader in aerospace parts distribution with an excellent reputation and leadership team.”

Founded by Fred Yue, Blue Sky is an ISO 9001:2008 with AS9120:2009 Rev A certified distributor of aerospace fasteners and related hardware, with offices in California, the UK (Birmingham & Aberdeen), China, and Brazil. Web: BlueSkyIndustries.com

Blue Sky is FDH’s third acquisition, and the first completed since Audax Private Equity invested in FDH in 2017.

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. Web: aircraftfast.com and aiapinc.com

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