Global Fastener News

Ficadenti

A private equity firm has invested in Military Fasteners, a B2B eCommerce distributor of mil-spec fasteners to aerospace and defense industry customers. The transaction closed on August 26.

Alongside incoming CEO David Ficadenti, Montage Partners is providing capital to expand the company.

Founded in 2016, West Melbourne FL-based Military Fasteners has organically expanded its revenue by nearly 5 times since 2019.

“Military Fasteners plays a critical role in the aerospace and defense supply chain given the importance of minimizing fleet downtime during maintenance, repair, and overhaul operations,” said Rob Wolfman, co-Managing Partner of Montage Partners. “Underpinning the Company’s rapid growth and success has been a laser focus on exceeding customer expectations with every order placed, day-in and day-out. We have tremendous respect for what’s been built to date and look forward to driving further innovation and customer success with David at the helm.”

Ficadenti has spent the majority of his career in the aerospace and defense industry, most recently as VP of Corporate Development and Licensing at Honeywell. Ficadenti held full P&L responsibility for Honeywell’s Strategic Licensing business and presided over legacy product line monetization and channel partner repair aftermarket. In that role Ficadenti led a 30-person team and achieved record-setting growth for the business.

“I’m thrilled to be partnering with Montage Partners to lead Military Fasteners into the next phase of growth,” stated Ficadenti. “Military Fasteners has a truly novel business model in the aerospace and defense industry, and I’m excited to work with Director of Operations, Rebekah Disser, and the rest of the team to further accelerate the Company’s success.”

Disser will remain in her role and work with Ficadenti.

“I’m excited to help lead Military Fasteners into our next chapter with David and Montage Partners,” shared Disser. “We’ve already built one of the largest and most diverse online fastener catalogs and pride ourselves on fulfilling orders faster than anyone else in the industry.”

Plans include investments in people, marketing, and business development to further expand the company’s market share, as well as opening a distribution facility in Phoenix, which will further reduce ship times and allow the Company to better serve customers in major aerospace and defense hubs such as Dallas, Los Angeles, Phoenix, Seattle, and Wichita. Web: military-fasteners.com

Founded in 2004, Scottsdale, AZ-based Montage Partners invests in companies headquartered in the U.S. or Canada with $1.5 million to $7 million in EBITDA in the technology and professional services, healthcare, industrial products and services, and consumer sectors. Web: montagepartners.com