Carlson Private Capital Partners invests in first deal – LindFast

Carlson Private Capital Partners closes on its first deal, LindFast Solutions Group. LindFast Solutions Group is a master distributor of specialty fasteners in the North American market serving a broad base of distribution customers through its metric (Lindstrom) and imperial (Stelfast) business segments. LindFast, is headquartered in Blaine, Minn., and was formerly known as Lindstrom. In 2018, Lindstrom acquired Stelfast, a stocking master distributor of imperial fasteners and specialty parts headquartered near Cleveland, Ohio, with 10 distribution locations across North America. As a master distributor, LindFast provides an important link in the fastener supply chain acting as a “virtual warehouse” by offering a deep inventory of approximately 130,000 low volume, slow-moving SKUs that distribution customers need quickly but are non-economical to warehouse and source themselves. These SKUs represent high‐touch, specialty products that can be difficult to source due to their unique length, diameter, thread pitch, metal choice, or finish.

Amanda Holmer