Corus Fastening
Company Description
Corus Fastening (“Corus” or the “Company”), headquartered in Springfield, NJ and family-owned since 1962, has been in operation for over 60 years and is one of the oldest and largest specialty distributors of fastening solutions within the New England and Mid-Atlantics states.
Services Provided
MelCap served as the exclusive investment banker and financial advisor to Corus through the sale of the business. MelCap would like to thank Howard Kastner, President & CEO of Corus, for hiring MelCap to represent him in this transaction. It was an honor and pleasure to work with Howard and the Company throughout this exciting process.
Result
In an effort to achieve Howard’s goals and objectives and support the Company’s strategic growth plans, MelCap was able to successfully identify the ideal buyer for the business. As a result, Corus was sold to LINC Systems, a portfolio company of Center Rock Capital Partners, headquartered in Bloomfield, MI. LINC Systems, headquartered in Westfield, IN, is a leading distributor of fastening solutions and industrial supplies serving a broad range of industrial end markets including pallet, furniture, housing, construction and general industrial.
Client Quote
"Corus was my family business that my father purchased in 1969. After speaking with six different investment banking firms, my wife and I chose MelCap to represent us for the sale of our company. We knew that this had to be done right and that selling our business is something that we would only be doing once in our lifetime. MelCap’s attention to detail and professionalism was absolutely first class. We were especially impressed with their persistence, hard work, and integrity. As the deal was coming to a conclusion, they handled a number of difficult issues with great aplomb and skill that showed that they had navigated these waters many times before. Thank you, MelCap, for guiding us through a demanding and emotional process to a successful outcome."
Mr. Howard Kastner
President & CEO; Corus
Providing the Services Business Owners Need For Nearly Two Decades
At MelCap Partners, our team of experienced industry professionals has a high amount of respect for business owners making pivotal decisions — whether they’re selling their business or expanding. We do our best to provide services that honor the work they’ve put into building their business from the ground up.
We know the big events concerning your business are hard, especially if family is involved, and that’s why our team is ready to help so you don’t have to go through the process alone. We’ll help you navigate any challenges that come your way so you can successfully meet your goals and objectives.
If you’re ready for help taking the next step in pursuing your goals, we’d love to use our experience to get you there. We know that getting to this point hasn’t been easy and we’re here to walk you through the process. If you’re ready to start, we’d love to have you connect with one of our professionals today.
Providing the Services Business Owners Need for Over Two Decades
At MelCap Partners, our team of experienced industry professionals has a high amount of respect for business owners making pivotal decisions — whether they’re selling their business or expanding. We do our best to provide services that honor the work they’ve put into building their business from the ground up.
We know the big events concerning your business are hard, especially if family is involved, and that’s why our team is ready to help so you don’t have to go through the process alone. We’ll help you navigate any challenges that come your way so you can successfully meet your goals and objectives.
If you’re ready for help taking the next step in pursuing your goals, we’d love to use our experience to get you there. We know that getting to this point hasn’t been easy and we’re here to walk you through the process. If you’re ready to start, we’d love to have you connect with one of our professionals today.
- Category: Industrials, Private Equity, Sell-Side M&A