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Houston, Texas Private Equity Firm

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Acquisition of Dan-Loc Bolt & Gasket

Dan-loc
Dan-Loc Bolt & Gasket was a manufacturer of metal fasteners and gaskets for use in a variety of environments from upstream oil and gas exploration and production through downstream refining and petrochemical applications. The company was a leading U.S. manufacturer of branded stud bolts and ring joint gaskets used primarily in high stress environments due to pressure, temperature or corrosion. Freestone exited this business in 2007.

February 14, 2002 //  by lanergyadmin

Freestone Partners, LLC, announced that it has acquired Dan-Loc Bolt & Gasket, Inc. of Houston in an asset purchase. The company was acquired from The Flexitallic Group, Inc., also of Houston. Terms of the transaction were not disclosed. Dan-Loc Bolt & Gasket is a 40-year-old manufacturer of fasteners and high-pressure metal gaskets used by the energy industry.

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