General Tools & Instruments Acquires Garden Weasel from Faultless Brands

Worthington Industries Acquires GTI Holding Company (General Tools & Instruments) from High Road Capital Partners

February 3, 2021

Manufacturing

Worthington Industries, Inc. acquired GTI Holding Company, the parent of General Tools & Instruments, LLC, from High Road Capital Partners for $115 million. The sale, which closed on January 29, 2021, adds General Tools' hand-held and garden tool brands (including General, PacTool, Garden Weasel and Hawkeye) to Worthington's consumer products portfolio; High Road completed the investment in 2014 and substantially grew the business during its ownership.

BFG Supply (Incline Equity Partners) Acquires Gard'N-Wise Distributors

December 17, 2020

Logistics & Distribution

BFG Supply, a portfolio company of Incline Equity Partners, has acquired Gard'N-Wise Distributors, a regional distributor of lawn & garden products and greenhouse equipment. The deal is an add-on acquisition that expands BFG's geographic footprint and distribution capabilities across the Midwest, Southwest and Mountain West regions.

GWS Tool Group Acquires Taurus Tool & Engineering

January 19, 2021

Manufacturing

GWS Tool Group, a portfolio company of L Squared Capital Partners, has acquired Taurus Tool & Engineering, a Batavia, Illinois-based manufacturer of precision custom cutting tools. The transaction is an add-on acquisition that expands GWS's capabilities in high-speed steel (HSS) and carbide hole-making and milling tools for aerospace and automotive applications.

Architect Equity Acquires Faultless Brands

June 1, 2020

Consumer Products

Architect Equity, a Los Angeles-based private investment firm, has acquired Faultless Brands, the Kansas City-based owner of consumer cleaning and fabric-care brands including Faultless, Niagara, Magic, Bon Ami and Trapp Fragrances. The family-owned business (founded 1887) will operate under Architect's ownership to support growth initiatives, product innovation and global distribution expansion.

Platinum Equity Acquires Oregon Tool

October 18, 2021

Manufacturing

Platinum Equity has completed the acquisition of Oregon Tool (formerly Blount International) from American Securities and P2 Capital Partners. Oregon Tool, a Portland-based global manufacturer and distributor of saw chain, guide bars, lawn mower blades and related aftermarket products with more than 3,200 employees, will be positioned as a platform for growth and further add-on acquisitions under Platinum Equity's ownership.

Precision Metal Holdings Acquires General Metals, LLC

January 7, 2022

Manufacturing

Precision Metal Holdings, a Farragut Capital Partners portfolio platform, has acquired General Metals, LLC — a North Carolina-based precision metal fabricator — with Farragut providing subordinated debt and preferred equity and Everside Capital Partners joining as a co-investor. The deal is an add-on to the Precision Metals platform that expands the company’s geographic footprint in the Southeastern United States and enhances its capabilities in stamping, forming, welding, precision machining and electromechanical assembly.