Berry Global Acquires F&S Tool from NewHold Enterprises

NewHold Enterprises and Tecum Capital Invest in F&S Tool Inc.

September 2, 2020

Manufacturing

NewHold Enterprises and Tecum Capital Partners announced a growth investment in F&S Tool Inc., a family-owned precision tooling and mold manufacturer based in Erie, Pennsylvania. Financial terms were not disclosed; the investors said the capital and partnership will support next-stage growth, capability expansion and the company's second-generation leadership and succession plan, particularly serving medical and packaging end markets.

GSC Technologies Acquires F&M Tool and Plastic (Bolt-on)

June 9, 2025

Manufacturing

GSC Technologies, Inc. has completed a bolt-on acquisition of F&M Tool and Plastic, Inc., adding F&M’s home storage assortment and injection-molding capabilities to the GSC platform. The deal — executed by GSC (a Speyside-backed platform) — is intended to drive synergies, broaden product assortment, and accelerate growth for the combined business.

BlackHawk Industrial Acquires J&S Tool Inc

February 5, 2020

Industrial Services

BlackHawk Industrial, a US-based industrial distributor, has acquired J&S Tool Inc., a cutting-tool distributor, manufacturer and reconditioner located in O'Fallon, Missouri. The acquisition expands BlackHawk's distribution and manufacturing footprint in the St. Louis and Southern Illinois markets and adds precision reconditioning and manufacturing capabilities; financial terms were not disclosed.

Foundation Investment Partners Acquires Spartan Tool Supply

March 11, 2024

Industrial Services

Foundation Investment Partners has acquired Spartan Tool Supply, a Columbus, Ohio-based distributor of industrial power tools and equipment. Spartan will continue to operate autonomously under new CEO Derek Elbaor with support from FIP to expand the team, enter new markets and grow the business.

GWS Tool Group Acquires STF Precision

October 20, 2020

Manufacturing

GWS Tool Group, a portfolio company of L Squared Capital Partners, has acquired STF Precision, a North Carolina-based manufacturer of precision PCD, SCD and CBN cutting tools. The add-on strengthens GWS's product capabilities in rotary PCD/CBN tooling and expands its manufacturing footprint into the Carolinas; STF's leadership will remain with GWS in operational roles.

Pfingsten Acquires Fowler High Precision

September 7, 2022

Manufacturing

Pfingsten, an operationally focused private equity firm, acquired Fowler High Precision, a Canton, Massachusetts-based manufacturer and distributor of dimensional metrology tools and calibration services. The acquisition (completed August 29, 2022) is a platform investment for Pfingsten's Fund V and aims to expand Fowler's product categories and calibration/repair capabilities both organically and through add-on acquisitions.