Trifast plc (LSE:TRI) acquired Falcon Fastening Solutions, Inc. for $8.3 million on August 31, 2021. The consideration of $8.3 million is on a cash free/debt free basis, which has been funded through the Trifast plc existing cash and financing facilities. As of December 31, 2021, Falcon Fastening Solutions, Inc. reported EBITDA of $1.27 million and gross assets at the same date were $5.3 million. Peel Hunt LLP acted as financial advisor to Trifast plc. Trifast plc (LSE:TRI) completed the acquisition of Falcon Fastening Solutions, Inc. on August 31, 2021.