Walter Surface Technologies Acquires Drillco and Triumph Twist Drill

Walter Surface Technologies Acquires Allegro Industries

January 12, 2022

Industrial Services

Walter Surface Technologies, a PE-backed metalworking and safety solutions provider, has acquired Allegro Industries, a U.S.-based manufacturer and distributor of safety equipment and respirators. CriticalPoint Partners advised Walter on the transaction; Walter is backed by ONCAP (the middle-market platform of ONEX) and is executing the deal as an add-on to expand its safety/PPE capabilities and product offering.

Walter Surface Technologies (ONCAP-backed) Acquires ArcOne

February 27, 2020

Manufacturing

Walter Surface Technologies, backed by ONCAP, has acquired ArcOne, a Taunton, Massachusetts-based maker of industrial safety products including auto-darkening welding helmets and PPE. CriticalPoint acted as buy-side advisor to Walter and sourced the opportunity; the deal expands Walter's safety and welding product portfolio as an add-on to its ONCAP-backed platform.

WALTER Surface Technologies Acquires PushCorp Inc.

March 30, 2024

Manufacturing

WALTER Surface Technologies has acquired PushCorp Inc., a U.S.-based manufacturer of robotic end-of-arm tooling for material removal applications. The acquisition expands WALTER's robotic and automated material removal capabilities in North America; PushCorp will continue to operate under its own brand and the transaction is effective immediately.

OCI Acquires DRILLTOOLS

September 27, 2024

Manufacturing

OCI, LLC, a Brookville, Pennsylvania-based manufacturer and portfolio company of Grand Valley Holdings and Gemspring Capital, has acquired DRILLTOOLS, a Kilgore, Texas-based manufacturer of rotary drilling tools and excavation products. The acquisition expands OCI's product suite, manufacturing capabilities, and technical expertise to better serve infrastructure, utility, and commercial contractors; DRILLTOOLS will continue to operate from its Texas headquarters.

Onward Capital Recapitalizes Century Drill & Tool Corporation

December 31, 2021

Manufacturing

Chicago-based private equity firm Onward Capital completed a recapitalization of Century Drill & Tool Corporation, a Green Bay, Wisconsin distributor and manufacturer of power tool accessories. The recapitalization was funded by Wintrust Financial Corporation, Midwest Mezzanine Funds and Centerfield Capital Partners, with Midwest Mezzanine providing subordinated debt and equity to support the transaction.

Drilling Tools International Corp. Acquires Titan Tools Services Ltd.

January 2, 2025

Energy

Drilling Tools International Corp. (DTI) completed the acquisition of UK-based Titan Tools Services Ltd., a downhole tool rental and manufacturing specialist based in Aberdeen, Scotland. The deal expands DTI's technological capabilities and strengthens its presence in the UK North Sea, Europe and African markets while adding Titan's rental fleet, materials expertise and customer relationships.