Clearlake-backed PrimeSource acquires Axxis
PrimeSource Brands (PrimeSource), a North American provider of specialty branded residential building products backed by Clearlake Capital Group (Clearlake), has acquired Axxis, a provider of fastening tools and collated fasteners. The transaction is PrimeSource’s fourth acquisition during Clearlake’s ownership. Financial terms of the deal have not been disclosed. Axxis,