BlackArch Partners Facilitates Strategic Sale of Starborn Industries to PrimeSource Brands

In a notable transaction within the building products sector, BlackArch Partners has successfully assisted in the sale of Starborn Industries to PrimeSource Brands. This acquisition marks a significant milestone for both companies, highlighting BlackArch's expertise in financial advisory services in the marketplace.

Starborn Industries, founded in 1961 and headquartered in Edison, New Jersey, is renowned for its innovative branded fasteners and installation tools designed for decking and various other applications. With a legacy of over six decades, the company has cultivated a strong portfolio of products, enhancing not only performance but also the visual appeal of installations done by contractors and building professionals. Its flagship brands – PRO PLUG®, CAP-TOR® xd, DECKFAST®, HEADCOTE®, and SMART-BIT® – are widely recognized and enjoy avid customer loyalty.

The driving force behind Starborn’s success is its culture of innovation. The company places substantial emphasis on developing proprietary, intellectual property-protected products that foster ease of installation and enhance overall customer satisfaction. This unique approach has allowed Starborn to thrive in the rapidly growing outdoor living market.

In an official statement, Paul Gertner, the President of Starborn Industries, expressed his satisfaction with the partnership forged with BlackArch throughout the sale process. He emphasized that BlackArch proved to be a great ally, valuing the family-owned heritage of Starborn and ensuring a solution that respected the company's long-standing traditions. Gertner praised BlackArch for their thorough understanding of the entire business landscape, which facilitated a successful transaction.

The acquisition by PrimeSource Brands, a portfolio company of Clearlake Capital Group, reinforces the potential for growth and expanded offerings in the building products market. PrimeSource Brands is known for its extensive array of specialty branded products, including construction fasteners, knobs, pulls, and various hardware, which cater to a wide spectrum of customer requirements.

This strategic acquisition not only augments PrimeSource's portfolio but also solidifies its presence across the United States and beyond, as it operates through numerous sites strategically spread across 26 states and into two additional countries.

In addition to expanding PrimeSource's product lineup, this acquisition enhances the company’s logistics capabilities, allowing them to serve more than 56,000 customer locations effectively. PrimeSource's commitment to providing value-driven solutions to its customers is anticipated to be further bolstered through this merger.

The role of BlackArch Partners as the exclusive financial advisor to Starborn during this process underscores their proficiency and dedication to the market. The firm has a well-established reputation for advising on transactions within the building products sector, and this deal highlights their ability to navigate and facilitate prosperous outcomes for family-owned businesses aiming for growth.

Clearlake Capital, which operates PrimeSource Brands, is recognized as a leading global alternative asset manager with a substantial portfolio valued at over $185 billion. This depth of resources positions Clearlake to support PrimeSource in optimizing its business strategies and driving long-term value.

Through this acquisition, Starborn Industries finds itself at the helm of a larger family of brands, enhancing its innovation-driven culture while continuing to serve its loyal customer base with even greater resources and commitment.

The transaction signifies a major evolution for all parties involved, setting the stage for new growth opportunities and further reinforcing the collaborative relationships within the industry. As the industry continues to evolve, the partnership between Starborn, PrimeSource, and BlackArch represents a powerful alliance that is sure to yield positive developments in the near future.

For more insights into this acquisition and its implications on the industry, stay tuned for further updates from BlackArch Partners and PrimeSource Brands as they navigate this new chapter in their commanding presence in the building products market.