LindFast Solutions Group (“LSG”), a Nautic Partners portfolio company, today announced the successful closing of its acquisition of AZ Wire & Cable (“AZ”), a MFG Partners company.
“Today is a defining moment for LSG,” said Mike Spencer, CEO of LSG. “With AZ now part of our organization, we are combining two industry leaders to create a more diversified and scalable platform.
“This acquisition meaningfully expands our product breadth, enhances our cross‑sell capabilities, and positions us to deliver even greater value to our customers and vendor partners. We are thrilled to welcome the entire AZ team and the Anixter family into LSG and look forward to building something truly exceptional together.”
AZ will continue to operate under its current leadership.
AZ Executive VP Todd Anixter added: “The partnership with LSG represents an exciting milestone for AZ as we continue our growth journey. By combining with LSG, we look forward to delivering our wire and cable products and services to LSG’s vast network of facilities and customers.”
Founded in 1988, AZ Wire & Cable is a master distributor of industrial, commercial, and specialty wire and cable, offering a full range of value-added services including cutting, reeling, paralleling, striping, and coiling. The company is headquartered in Northbrook, IL and has 8 additional locations in New York, North Carolina, Florida, Texas, Colorado, Arizona, California, and Oregon.
Founded in 1983, Blaine, MN-based LSG is a master distributor of specialty fasteners. Nautic Partners acquired LSG in 2019 in partnership with management.





