For more than 45 years, LoneStar Fasteners has manufactured specialty fasteners, gaskets and machine parts for the energy and power generation industries. The Company is known for its ability to design products to customer specifications for use in extreme temperature, high pressure and corrosive environments. The Company manufactures and distributes all sizes of fasteners in a variety of grades, alloys and castings, making it a convenient single source for commercial, exotic and alloy fasteners. The Company’s global operations, manufacturing processes and quality control set LoneStar apart as an industry leader.
Trinity Hunt worked with the management team at LoneStar to execute a buy-and-build strategy to create the dominant global provider of fasteners to the energy and power generation industries. Through five add-on acquisitions and several greenfield plant expansions, Lone Star’s operations expanded across the U.S. and into the United Kingdom, Romania, Dubai, Saudi Arabia, China and Singapore. Operational initiatives included upgrading the IT systems, implementing factory floor efficiency improvements, and global supply chain management. The Company’s profitability has grown six-fold since our investment in late 2005.
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