BlackHawk Industrial Distribution Acquires Tools for Industry and Service for Industry

December 2, 2021

BlackHawk Industrial Distribution, a Tulsa-based industrial distributor, acquired Dayton, Ohio-based Tools for Industry, Inc. (TFI) and affiliate Service for Industry (SFI) in a deal that closed on November 9, 2021. The acquisition expands BlackHawk's presence in southwestern Ohio and adds specialty cutting-tool manufacturing and grinding capabilities; 13 TFI/SFI associates joined BlackHawk and TFI's former president Tim Ozvath will lead integration at the Dayton branch.

Targets
Tools for Industry, Inc., Service for Industry
Location
Ohio, United States
Transaction Type
Buyout

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