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NEWS
US AUDAX Acquired FDH

     Audax Private Equity (Audax) announced that it will acquire HITCHATON Corporation from the United States Fastener Distribution Holdings, LLC ("FDH"). Mergers and acquisitions are not published.
     FDH, headquartered in Marina del Rey, California, is a wholesaler specializing in aerospace fasteners and other Class C components for aerospace and defense aircraft carriers, contract outsourcers and wholesalers.
     "We are very excited to work with Mr. Scott Tucker, Mr. Bill Ganss, Mr. Rick Ferguson and the entire FDH team,"Geoffrey Rehnert said(co-executive of Audax). "FDH is a recognized leader in the aerospace Class C parts wholesale market. Build a leadership platform for internal growth and additional acquisitions. "
     "The FDH team is excited to partner with Audax to accelerate our growth," Scott Tucker said(CEO of FDH). "Audax brings relevant expertise and resources to help us grow through strategic acquisitions while continuing to provide us Customers look forward to the outstanding service.