Bolts & Nuts Corp.

BoltsBolts & Nuts Corp.

F.N.B. Capital Partners, L.P. (“FNBCP”) has partnered with Nebraska Heavy Industries (“NHI”) to support their acquisition of Bolts & Nuts Corp. (“B&N”). Founded in 1979 and based in Chattanooga, TN, B&N is a leading full-service distributor of commercial and construction bolts and fasteners. The Company has experienced teams in Chattanooga, TN, Macon, GA, and Chicago, IL, all serving the diverse national customer base in over 40 states. More information can be found by visiting the Company’s website at


F.N.B. Capital Partners Announces
Third Investment in Newly Formed SBIC Fund

Pittsburgh, PA – December 9, 2013 – FNBCP is pleased to announce the closing of the third investment in its new SBIC fund, Bolts & Nuts Corp. (“B&N”).  FNBCP’s mezzanine and equity investment supported Nebraska Heavy Industries (“NHI”) and their acquisition of B&N.

“We are extremely excited about entering into a partnership with NHI and the entire B&N team,” noted Stephen Gurgovits, Jr., Managing Partner of FNBCP. “With locations in Chicago and the Southeast, B&N is one of the leading fastener suppliers, offering an extensive selection of products, technical support, and personalized service.  We believe that NHI’s strong operational expertise will only further complement B&N’s customer centric business model.” “Our other valued partners on this transaction were Cole Taylor as the senior lender and Reed Smith and McGuire Woods as legal counsel,” added Matthew Harnett, Partner at FNBCP.

NHI is an investment and management firm of operating professional that seeks to purchase controlling interests in undervalued situations.  Through operating and structuring know-how, they aim to generate greater shareholder value by re-structuring and re-aligning operating entities in order to achieve maximum operating efficiencies and profitability for long-term value creation. In March 2017, FNBCP successfully exited completely via a recapitalization of the company.


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