Alphi Capital, a lower middle-market private equity firm based in Ontario, Canada announced a new partnership with K2 Fasteners.
K2 is a national master distributor of stainless steel and other corrosion-resistant fasteners. The company provides customers throughout North America with access to a large variety of stainless steel fasteners, alloy steel fasteners, and other corrosion-resistant hardware materials.
It was founded in 1989 by Bert and Hana Clark, who were later joined by their partner Gerry Romak in 1991.
“Alphi is proud to partner with K2. The Clarks and Gerry Romak have built a terrific company with an excellent reputation in the fastener market,” said Thecla Sweeney, partner at Alphi Capital. “We look forward to continuing to build on this legacy during this next phase of growth through investments in K2’s people, capacity, and geographic reach.”
Alphi invests in high-return companies, bringing a programmatic approach to value creation through data analytics, sales force growth, and the execution of buy and build strategies.
“We are excited to partner with Alphi and look forward to growing K2 to the next level. Our team is proud of its history of delivering first class service to our loyal customers,” said Aymen Clark. “By partnering with Alphi and leveraging its team and resources, we are eager to explore new opportunities for K2.”
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Filed Under: Fastener Engineering • Fasteners, Fastener Engineering • Industry news
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