Pfingsten Portfolio Company Burton Saw and Supply Merges with Simonds International
January 11, 2018
Pfingsten announced the merger of its portfolio company Burton Saw and Supply with Simonds International (a portfolio company of Ironwood Manufacturing Fund and Nautic Partners) to create a combined leading producer and marketer of cutting tools, equipment and consumables for the wood processing industry. The combined business will operate under the legacy brands across the United States and Canada with 12 facilities; Pfingsten will retain a significant ownership interest.
- Buyers
- Pfingsten, Ironwood Manufacturing Fund, Nautic Partners
- Targets
- Burton Saw and Supply, Simonds International
- Industry
- Manufacturing
- Location
- United States
- Transaction Type
- Buyout
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