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Monday, April 19, 2021

Arlington company makes U.K. acquisition

Fastener Distribution Holdings, based in Arlington and a portfolio company of Audax Private Equity, announced it has acquired PDQ Airspares, a Fordingbridge, U.K.-based distributor of aerospace consumables and provider of supply chain management services to MRO and airline customers.

PDQ broadens FDH’s aftermarket presence and expands FDH’s international operating footprint through its facilities in the U.K., Poland, Singapore, and China.

PDQ is a clear leader in the MRO and consumables distribution space with an excellent reputation and leadership team. The acquisition contributes to our focus on driving growth both organically and through strategic acquisitions,” said Scott Tucker, CEO of FDH, “

PDQ is FDH’s fourth acquisition, and second completed since Audax Private Equity invested in the company in 2017. No price on the transaction was released.

FDH is a leading distributor of c-class hardware and replacement parts to commercial and defense aircraft manufacturers, subcontractors, and component distributors through three divisions: Arlington International Aviation Products, based in Arlington, and Aircraft Fasteners International and Blue Sky Industries based in Monterey Park, California. www.aiapinc.com

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