BB Industries Supply Acquires Innovative Tool Solutions (ITS) of West Central Florida
March 14, 2023
Knoxville-based BB Industries Supply LLC acquired Innovative Tool Solutions LLC (ITS), a Sarasota, Florida retailer of stone countertop fabrication tools and supplies. Generational Equity advised the sellers, and the deal closed on March 14, 2023; the acquisition expands BBI's distribution footprint and product offering in West Central Florida.
- Buyers
- BB Industries Supply LLC
- Targets
- Innovative Tool Solutions LLC
- Sellers
- John Hager, Tim Olson
- Industry
- Building Products
- Location
- Florida, United States
- Transaction Type
- Buyout
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