Nautic Partners Announces Acquisition of LindFast Solutions Group in Partnership with Management

Nautic Partners, LLC (“Nautic”) is pleased to announce that it has completed the acquisition of LindFast Solutions Group (“LindFast”), in partnership with LindFast management.

Headquartered in Blaine, MN, LindFast is a master distributor of specialty fasteners in the North American market serving a broad base of national, regional, and local distribution customers through its metric (Lindstrom) and imperial (Stelfast) product brands. As a master distributor, LindFast provides an important link in the fastener supply chain by offering a deep inventory as a “virtual warehouse” of approximately 130,000 low volume, slow moving SKUs that distribution customers need quickly but are non-economical to inventory and source themselves. These SKUs represent high‐touch, specialty products that can be difficult to source due to their unique length, diameter, thread pitch, metal choice, or finish. In addition to its unique product offering and virtual warehouse services, LindFast provides its distribution customers a range of value‐added services such as break bulk, packaging, kitting, plating, coating, and guaranteed stock programs, among others.

“We are excited to work with the Nautic team as we continue to grow our business and further enhance our customer experience. Our brands and customer relationships are strong today and will only improve as a result of this new partnership,” said Neil Yeargin, CEO of LindFast.