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PrimeSource Brands, Irving, Tx., has acquired Starborn Industries, a leading provider of branded fastening solutions and installation systems for decking and exterior applications.
The transaction represents PrimeSource Brands’ 11th acquisition since partnering with Clearlake Capital in December 2020. Financial terms were not disclosed.
Based in Edison, N.J., Starborn offers a portfolio of branded fasteners and installation tools primarily focused on residential decking and exterior applications. Starborn has established itself as a differentiated provider through its offerings of innovative products, including Pro Plug, Cap-Tor xd, HeadCote, Smart-Bit, and DeckFast.
“We’re excited to bring Starborn into the PrimeSource Brands family and believe their reputation for innovation, quality, and service is a strength that folds naturally into the PrimeSource business,” said Tom Koos, CEO of PrimeSource Brands. “Their portfolio ties strongly to two of our segments, fasteners and outdoor living. Combined with our leading fastener brands, including Grip-Rite and Cobra, and our Wolf decking brands, this acquisition broadens what we can offer customers across both categories.”
“Today marks another successful milestone in our strategy to grow PrimeSource into a scale, branded specialty building products platform,” said José E. Feliciano, co-founder and managing partner, and Colin Leonard, partner and managing director, at Clearlake. “Over the past two years, we have deployed significant capital through PrimeSource into outdoor living, one of our highest-conviction categories within residential building products.”
“The acquisition of Starborn reflects our continued commitment to value-creating M&A that deepens PrimeSource’s position in core categories, broadens its addressable market in specialty building products, and enhances its product catalog,” said Ben Kruger, managing director at Clearlake. “We remain excited about the company’s ongoing momentum as a consolidator in this space.”
PrimeSource Brands is a national provider of specialty branded building products. The company’s product offering spans more than 100,000 SKUs, including construction fasteners, knobs & pulls, fencing & railing, and functional hardware, among others. PrimeSource Brands operates an expansive footprint, serving over 56,000 customer locations through 64 strategically located sites in 26 states and two countries. PrimeSource Brands plays a crucial role for customers who rely on its brand value, breadth of offering, and logistics capabilities.
