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PE-backed Fastener Distribution Holdings buys aerospace consumables distributor

Fastener Distribution Holdings LLC bought Pdq Airspares Ltd. for an undisclosed amount.

Fastener Distribution, which is owned by midmarket private equity firm Audax Private Equity, is a hardware and replacement parts distributor catering to commercial and defense aircraft manufacturers, subcontractors and component distributors.

Pdq Airspares is an aerospace consumables distributor and supply-chain-management services provider to maintenance, repair and operating supply and airline customers.

The acquisition will widen the California-based components distributor's presence and broaden its international operations with facilities in the U.K., Poland, Singapore and China.