Watermill / Vertex Acquires Allmetric
Watermill / Vertex Acquires Allmetric
John Wolz
Watermill Group completed the purchase of Houston-based Allmetric Fasteners Inc.
Allmetric is the first add-on purchase for Watermill since its acquisition of Rhode Island-based Vertex Distribution last year.
Watermill managing partner Steve Karol indicated plans to expand Allmetric from its Southwest base. “We look forward to helping Allmetric grow their market share in the metric fastener business on a nationwide basis.” Vertex president Mark Alperin noted he and Allmetric president Joe Kratoville “have already discussed the opportunities for further growth by working together with Vertex.”
Allmetric is located at 3790 Yale St., Houston, TX 77018. Tel: 713 695-2220 or 800 424-7705 Fax 713 695-3311 E-mail: sales@allmetric.com Web: allmetric.com
Watermill Group is a private investment firm focusing on acquiring middle-market companies to add value through strategic and operational guidance. Watermill is headquartered at 900 South St. #355, Waltham, MA 02453-1435. Tel: 781 891-6660 Fax 781 891-9712 Web: watermill.com �2006 FastenerNews.com
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