Anderson Manufacturing Acquired by Turnaround Financing Firm

Anderson Manufacturing, a family-owned specialty fastener business for nearly 40 years, is launching a new chapter with its July 17, 2017 acquisition by the principals of Big Shoulders Capital.

David Muslin and Todd DiBenedetto, principals of Big Shoulders Capital, have purchased Anderson and reorganized the management team to position the company for strong growth in the specialty and complex cold-formed fastener business.  They have brought back a long-time executive to lead the business as the new president.  Tim Cash brings more than 20 years of experience with the company to his new position.

Anderson also has plans to grow by entering new markets and by making strategic acquisitions. "Anderson was linked to Rockford Products, which has since gone out of business.  Now, we intend to invest in Anderson and return it to its position as one of the leading specialty fastener manufacturers in the nation," said David Muslin.