Rockwood Equity Partners Buys Pa. FastenerBusiness

Rockwood Equity Partners LLC, a private investment firm based in Cleveland and New York, has acquired Dell Fastener Corp. as an add-on to its portfolio company, AFC Industries Inc. in Fairfield, north of Cincinnati. Dell Fastener, a Bridgeville, Pa.-based distributor of fasteners and provider of supply chain logistics to original equipment manufacturers worldwide, will operate as a division of AFC, according to Rockwood's news release. General manager Doug Kortyna will continue to lead it. AFC distributes and provides vendor managed inventory programs for a broad array of standard and specialized fasteners and components sourced from a broad global supplier base.