Heartland Precision Fasteners has been sold to SFS Group
Heartland Precision Fasteners
Headquartered in New Century, Kansas, Heartland Precision Fasteners, Inc. (Heartland) is a leading manufacturer of high-grade, externally threaded aerospace fasteners. The company’s fasteners are used in aircraft structures and propulsion systems across commercial and military aircraft. Heartland is approved by all major aircraft OEMs, enabling it to serve nearly every aircraft platform through OEM and aftermarket channels. The company operates a fully integrated, single-site manufacturing facility with in-house cold heading, warm heading, hot forging, machining, thread rolling, centerless grinding, fillet rolling, drilling, heat treating, coating and inspection, enabling rapid, tightly controlled production of high-performance fasteners.
The Deal
Lincoln International served as the exclusive financial advisor to Heartland. The transaction represents Lincoln International’s continued success within the aerospace and defense (A&D) engineered products segment.
Our Perspective
Ryan O’Toole and Eric Cartier, Lincoln International Managing Directors who led the transaction, commented, “Founder-led businesses are a cornerstone of our practice, and it was a privilege to partner with Heartland’s founder, management team and shareholders throughout this transaction. The transaction represents another strong example of investor interest in the aerospace hardware sector. The supply chain remains capacity constrained, and Heartland has differentiated itself through broad OEM approvals and superior customer service, positioning the company to benefit from long-term demand tailwinds across the sector. We are confident Heartland is well positioned for its next chapter with SFS Group.”
SFS Group
SFS is a worldwide leading company for application-critical precision components and assemblies, mechanical fastening systems, quality tools and procurement solutions. The SFS Group operates in the three segments Engineered Components (EC), Fastening Systems (FS) and Distribution & Logistics (D&L), which represent the company’s different business models. In the EC segment, the SFS Group acts as development and manufacturing partner for customer-specific precision components, assemblies and fastening solutions, serving customers in the automotive, electronics and medical device industries, as well as in the aerospace sector and in industrial manufacturing. The FS segment develops, manufactures and markets application-specific mechanical fastening systems for the construction industry. In the D&L segment, the SFS Group is one of the leading system partners in the areas of quality tools, fasteners and other C-parts as well as procurement solutions for customers in industrial manufacturing. The SFS Group operates 150 manufacturing and distribution sites in 35 countries in Asia, Europe and North America.
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