Experience Buy-side Advice

Monroe Engineering

Client

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Transaction

Acquisition of 100% shares

Target company

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Date

2023

Transaction advisory to Monroe Engineering, a portfolio company of AEA Investors, in its acquisition of Electronic Fastener Inc.


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Company information

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Monroe is a globally recognised industrial manufacturing company, proudly holding the ISO 9001:2015 certification. With a comprehensive product line, the company serves a diverse clientele encompassing manufacturers, distributors, and catalogue-houses across multiple vertical markets, including but not limited to aerospace/defence, automotive, medical, and transportation sectors. The roots of Monroe trace back to the 1920s, when Otto Siewek played a pivotal role in the development of “tooling components,” a groundbreaking advancement that standardised the mass production of automobiles, contributing to the rich history of the company.

monroeengineering.com

Founded in 1968 through a collaboration involving the interests of the Rockefeller, Mellon, and Harriman families alongside S.G. Warburg & Co., AEA Investors has achieved the status of a private equity industry pioneer. With a truly unparalleled global network, encompassing investors, business leaders, and sector-focused investment professionals, AEA has evolved into a preeminent global private investment firm. As of December 2021, the firm oversees assets exceeding $14 billion, concentrating on middle-market private equity, growth capital, and private debt investments. AEA’s enduring success is a testament to its ability to steadfastly adhere to principles and processes, consistently navigating through various economic cycles over the years.

Target information

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Electronic Fasteners, Inc. stands as a prominent wholesale stocking distributor specialising in a wide array of fasteners and associated products and services. The enterprise proudly retains its status as a family-owned establishment, with the continued engagement of five of the original founding families within the company’s operations. This enduring family commitment translates into a wealth of expertise spanning generations, all diligently focused on the mission of delivering exceptional service to valued clients.