Peak Toolworks Acquires Expert Die with Funding from Granite Creek and Muzinich BDC

Peak Toolworks (Granite Creek Capital) Acquires Southern Carbide, Inc.

September 30, 2025

Manufacturing

Peak Toolworks, a portfolio company of Granite Creek Capital Partners, acquired Southern Carbide, Inc., a family-owned industrial cutting tools and sharpening/repair services business based in Shreveport, Louisiana. The transaction closed on September 30, 2025 and was financed with participation from Hidden River Strategic Capital, Muzinich & Co., and Canterbury Ventures, LLC.

DBW Holdings Acquires Peak Toolworks

December 13, 2023

Manufacturing

DBW Holdings, parent of Diamond Blade Warehouse, acquired Peak Toolworks in a deal completed with private investors Granite Creek Capital Partners and Canterbury Ventures, with financing from Hidden River Strategic Capital and Muzinich BDC, Inc. Peak Toolworks will join DBW under the DBW Holdings umbrella and continue to operate as a separate business, expanding DBW's product and service offerings across infrastructure, construction, automotive and manufacturing end markets.

Peak Toolworks Acquires Tooling Concepts Inc.

February 10, 2022

Manufacturing

Peak Toolworks has acquired Tooling Concepts Inc., adding a brick-and-mortar sharpening and tooling facility in Elkhart, Indiana and expanding Peak's presence in the U.S. Midwest. The acquisition bolsters Peak's local service and delivery capabilities for customers in metal, wood, plastics and composites machining markets.

Auxo Investment Partners Acquires GC Dies

October 22, 2020

Manufacturing

Auxo Investment Partners has acquired GC Dies, a steel rule die manufacturer based in Elmhurst, Illinois, as an add-on to its Auxo Die Holdings platform. The acquisition expands Auxo's converting solutions footprint, consolidates Chicago-area operations, and adds corrugated die capabilities to its growing portfolio.

Clearlake-Backed TEAM Technologies Acquires Precision Die Cutting (PDC)

May 24, 2021

Medical Devices

TEAM Technologies, a Clearlake Capital-backed specialty healthcare manufacturer, has acquired Precision Die Cutting, LLC (PDC), a Chino, California-based medical specialty manufacturer focused on skin-contacting technologies and infection prevention products. The add-on expands TEAM's die-cutting, laminating and device assembly capabilities to better serve OEM healthcare customers; financial terms were not disclosed.

Alleghany Capital Forms Precision Cutting Technologies and Acquires Majority Stake in CID Performance Tooling

June 24, 2019

Manufacturing

Alleghany Capital Corporation formed a new holding company, Precision Cutting Technologies, and Precision acquired a majority interest in Coastal Industrial Distributors, LLC (d/b/a CID Performance Tooling), a Saco, Maine-based manufacturer of high-performance solid carbide end mills. The move consolidates Alleghany Capital’s machine tool and consumable cutting tool businesses under a single platform to share resources and expand capabilities and end-market reach in aerospace, defense, and medical sectors.