Third Coast Capital Advisors Represents Lawson Products in its Acquisition of The Bolt Supply House Ltd.

October, 2017

Third Coast Capital Advisors served as exclusive financial advisor to Lawson Products, Inc. in its acquisition of The Bolt Supply House Ltd., for a purchase price of approximately CAD$40 million. Our Strategic Acquisition Search services included identifying the target and making contact with its owner, as well as providing assistance on valuation, transaction structure and the negotiation and closing of the transaction. This transaction represents the fifth proprietary acquisition that we have sourced and closed for Lawson in the last two years.

The Bolt Supply House Ltd., based in Calgary, Canada, is a leading distributor of high quality fasteners, power tools and industrial MRO supplies, with annual sales of approximately CAD$43 million. The Bolt Supply House’s 13 branch locations and 27 sales territory managers serve companies and professional tradespeople in Alberta, Saskatchewan, and Manitoba, Canada. The company packages and ships products from a 43,000 square-foot distribution center in Calgary.

Lawson Products, Inc. (NASDAQ:LAWS) is an industrial distributor of maintenance and repair products. Lawson carries a comprehensive line of products and provides inventory management services to the industrial, commercial, institutional and government maintenance, repair and operations (MRO) market. Under its Kent Automotive brand, the Company supplies products to collision and mechanical repair shops as well as automotive OEMs. The Company has over 900 sales representatives and nearly 100 sales managers and directors throughout North America. It is headquartered in Chicago, IL and publicly traded on the NASDAQ stock exchange.


Third Coast Capital Advisors is an investment banking firm in Chicago, focused exclusively on buyside work. We provide three primary services to our clients:

  • Acquisition Search: Our core focus is to work with PE owned portfolio companies and corporate clients to identify, contact, and execute directly negotiated acquisitions on their behalf.

  • Add-On Due Diligence: We perform market research during a competitive sale process to assess and validate the add-on potential for a new platform.

  • Buyside Consulting Services: We provide project based services including acquisition strategy development, market research and corporate development support.


Doug Lovette
Managing Partner
312-332-6484
dlovette@thirdcoastca.com

Mike Zycinski
Managing Director
312-332-6485
mzycinski@thirdcoastca.com

Matt Clarke
Managing Director
480-626-0017
mclarke@thirdcoastca.com