EDSCO Fasteners LLC
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EDSCO Fasteners LLC - overview
Established
1985
Location
Denton, TX, US
Primary Industry
Materials
About
EDESCO Fasteners, LLC, based in the US, specializes in high-quality anchoring solutions, including anchor bolt cages and bolts, catering to various industries such as construction, energy, and transportation. EDESCO Fasteners, LLC provides anchoring systems, primarily focused on supporting large steel constructions. Founded in 1985 in Denton, US, the company has undergone strategic shifts to enhance its operational capabilities. It was recently acquired by Commercial Metals Company on July 13, 2023, from MiddleGround Capital.
The firm has completed a total of 4 deals since its inception, with Carrie King and Kevin Heskett serving as the current CEOs. EDESCO Fasteners specializes in high-quality anchoring systems, including anchor bolt cages, anchor bolts, and related hardware. These products are crucial for ensuring structural integrity in various sectors, such as electric transmission, communications, transportation, and renewable energy projects. The company serves a diverse customer base that includes contractors, engineering firms, and construction companies, both domestically and internationally in regions like Europe and Asia.
EDESCO Fasteners' revenue model is primarily based on direct business-to-business transactions, emphasizing sales of anchoring systems and hardware. The pricing strategy often involves bulk orders, negotiated on a contract basis, to meet the specific needs of construction firms and engineering companies. Their robust logistics management ensures timely delivery, which is essential in the construction sector, underpinning their commitment to service and customer satisfaction. Following its acquisition on July 13, 2023, EDESCO Fasteners plans to leverage the investment from Commercial Metals Company to pursue various growth opportunities.
The company aims to introduce new products that enhance its offerings in the anchoring systems market. Additionally, EDESCO is targeting expansion into new geographical markets to increase its presence in regions with growing construction demands.
Current Investors
MiddleGround Capital
Primary Industry
Materials
Sub Industries
Steel & Metals
Website
www.edsco.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
EDSCO Fasteners LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | EDSCO Fasteners LLC | - | ||||||||
| Secondary Buyout | Completed | EDSCO Fasteners LLC | - | ||||||||
| Add-on | Completed | Tower Support Services LLC | - | ||||||||
| Secondary Buyout | Completed | EDSCO Fasteners LLC | - | ||||||||
| Buyout | Completed | EDSCO Fasteners LLC | - |
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