Electronic Fasteners, Inc.

Waltham Massachusetts US 2454

About Seller: In 1960, six families identified a growing demand for high-quality electronic components within the rapidly expanding high-tech industries. Recognizing the importance of understanding and meeting the specific needs of these industries, they established Electronic Fasteners Inc. (EFI) in a small office in South Boston that same year. Specializing in military-grade fasteners for the electronics, aerospace, and defense sectors, EFI quickly achieved profitability and experienced significant growth. By 1965, the company had relocated from a 3,500 square foot basement to a 20,000 square foot warehouse, with a further expansion to 30,000 square feet in 1972. Today, EFI remains a family-owned wholesale stocking distributor of fasteners and related products and services, with five of the original founding families actively involved in the company. With decades of industry experience dedicated to serving customers, EFI operates out of a 30,000 square foot facility in Waltham, Massachusetts, employing a workforce of forty individuals. The company boasts a 55-year history of stable, progressive growth with minimal debt and a Dun & Bradstreet credit rating of 3A1, the highest available. EFI's workforce is characterized by high commitment, extensive experience, and low turnover rates, with some employees having been with the company for over 30 years. The company serves a diverse range of customers, from small auto repair shops to US military contractors and MRO facilities nationwide. In addition to standard inch and metric fasteners, EFI specializes in hard-to-find items, specialty fasteners, military standard components, and made-to-print fasteners. The company also stocks a variety of tools and accessories for fastener applications. With an inventory exceeding $2 million, comprising 25,000 different items and over 100 million pieces, EFI offers tailored services to facilitate cost-effective fastener purchases, including inventory management, kitting, secondary processing, and custom labeling. Holding an ISO 9001-2008 certificate, EFI provides custom inspection services and operates an ERP software system to ensure rapid and accurate customer service, real-time stock information, and fulfillment of orders in a timely manner. EFI's mission is to deliver the right quantity of the right fastener at the right price, on time, every time.