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Nautic buys LindFast Solutions Group

Nautic Partners LLC has closed its purchase of LindFast Solutions Group, PE Hub reported. Financial terms of the transaction were not announced. Blaine, Minnesota-based LindFast is a distributor of specialty fasteners for the North American market through its Lindstrom and Stelfast brands. Locke Lord LLP represented Nautic in the transaction and Ally Financial and GSO Capital Partners provided the financing. BB&T Capital Markets and Blank Rome advised LindFast.

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PE Deals, Private Equity