Prophet 21 Acquires Faspac Systems
Nearly 280 fastener distributors - the majority located in the United States, with several in Canada and Great Britain - use Faspac Systems software. These customers will join Prophet 21's customer base as Faspac Systems and Prophet 21 will combine to form into a single entity called Prophet 21.
"Faspac Systems is a powerful force in the fastener market and we are fortunate to be in a position to acquire them," said Chuck Boyle, Prophet 21 president and CEO.
Prophet 21 has more than 36 years of experience in the distribution industry, including some of the largest fastener distributors in North America. Among them are Wurth/Service Supply, Southern Fastening Systems, Tropic Fasteners, Wurth/Snider Bolt and Screw, and many others.