Miller Johnson Represents Webson Fasteners, LLC acquisition of Webson Fasteners, Inc.
In May 2024, Webson Fasteners, LLC completed the acquisition of Webson Fasteners, Inc., an esteemed fastener and commercial hardware distributor headquartered in Bay Shore, NY. The company was founded in 1986, serving a wide variety of end-markets and manufacturing customers.
“For nearly 40 years, the Company has supplied its loyal customer base with reliability and a focus on service,” said Matthew Pfennig, owner of Webson Fasteners, LLC. “The Company has fantastic relationships with key customers which stretch back for decades and a vendor base which has strengthened significantly over the years. I am thrilled to be entrusted with the legacy of Webson and look forward to the future of this organization.” This acquisition marks the second investment from Matthew Pfennig in the industrial distribution space, with the acquisition of Mutual Screw & Supply in 2023.
Miller Johnson acted as legal advisor to Webson Fasteners, LLC in the transaction. Miller Johnson’s team included Michael Penny (corporate), Ryan McNally (real estate), Alex Kaminski (corporate), Brandon Griffith (intellectual property), Marcus Hoekstra (corporate), Jeff Osment (corporate), Marcus Campbell (employment), Neil Williams (corporate)
Webson Fasteners, LLC
Started by the business partners of Roland Webber and Gary Hendrickson in 1986, the Company concentrated on providing the highest level of service to high-end manufacturers in Long Island and the surrounding region. In addition to providing fasteners, the Company began supplying electronic and commercial hardware, expanding with its growing customer base. The business grew substantially over the next decades, opening a second location in Brownsville, TX.
Today, the Company is focused on the future, expanding its product offerings and continuing to provide world-class service for its customers.
Miller Johnson’s Mergers & Acquisitions Group
Miller Johnson’s M&A practice group collaborates with clients and their advisors to structure, negotiate and close deals and to navigate the challenges that can arise in mergers, acquisitions, dispositions and other business combination or investment transactions.
Miller Johnson is top listed for mergers and acquisitions with U.S. News & World Report’s Best Law Firms and is ranked by Chambers USA. At The M&A Advisor’s national awards and the ACG M&A Deals and Dealmakers regional awards, our attorneys are consistently involved in deals honored as winners and finalists.
For further information, please contact Michael Penny at (616)831-1768