PrimeSource Building Purchases Assets of Compass International

August 11, 2010

PrimeSource Building Products, Inc., Carrollton, TX-based wholesale distributor of building materials and construction fasteners, is purchasing the assets of Compass International, Inc, headquartered in Anaheim, CA. Compass International’s MARKER family includes drywall, sheet metal, wood, cement, and multipurpose screws, as well as steel building fasteners and driver accessories. Other Compass brands include DARTS self-drilling screws, DECKMARK deck fasteners, and TAPMARK concrete accessories. The brand recognition associated with MARKER and DARTS will continue in conjunction with the Pro-Twist brand.

Ken Fishbein, co-chief executive officer of PrimeSource, says customers of both PrimeSource and Compass International products should expect normal business operations to continue throughout the course of the transaction. Existing Compass Customers will soon be able to purchase items from the Grip-Rite family of products along with their usual orders.

         
 

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