Huntstone Capital Acquires Majority Stake in Footage Tools Inc.
April 27, 2023
Huntstone Capital LP has acquired a majority interest in Footage Tools Inc., a Vaughan, Ontario-based manufacturer of premium tools for the gas, water and underground utility markets. The transaction closed in early March, with seller Argyle Capital Partners realizing approximately a 10x multiple of invested capital and a net IRR of 75% over a five-year hold.
- Buyers
- Huntstone Capital LP
- Targets
- Footage Tools Inc.
- Sellers
- Argyle Capital Partners Inc.
- Industry
- Manufacturing
- Location
- Ontario, Canada
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
BVP Forge Acquires Technical Toolboxes from HKW and Theatre Capital
July 10, 2025
Software
BVP Forge, a private equity firm focused on growth-oriented software and services businesses, has acquired Technical Toolboxes Powertools, Inc. from HKW and Theatre Capital LLC. Technical Toolboxes, a Houston-based provider of cloud-based pipeline integrity and compliance SaaS for pipeline operators, engineering and inspection firms, and utilities, will be positioned for further product, AI and go-to-market investment under BVP Forge.
-
Pelican Energy Partners Acquires Iron Horse Tools from Bluehenge Capital Partners
April 11, 2023
Energy
Pelican Energy Partners, a Houston-based private equity firm, has acquired Iron Horse Tools, Inc. (IHT) from Bluehenge Capital Partners. IHT, founded in 2008 and headquartered in Corpus Christi, Texas, is a provider of automated drilling chokes and managed pressure drilling (MPD) technology operating across U.S. shale plays with over 150 employees; Pelican intends to expand IHT's customer base, geographic presence, and service offerings.
-
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.
-
Sonic Group Acquires Sonic Tools USA
January 22, 2025
Manufacturing
Netherlands-based Sonic Group has acquired Sonic Tools USA, its exclusive North American distribution partner, making the Auburn, Alabama business a wholly owned subsidiary. The deal (terms undisclosed) is intended to strengthen Sonic Group's North American distribution network and accelerate growth across the U.S., Canada and Mexico while Sonic Tools USA continues operating from its Auburn facilities under CEO Colby McConnell.
-
Telestream Acquires Masstech
March 12, 2021
Cloud & SaaS
Telestream, a Genstar Capital‑backed provider of media workflow software, has acquired Masstech from FPE Capital. The acquisition (terms undisclosed) brings Masstech's Kumulate and FlashNet capabilities into Telestream's content management portfolio to strengthen its content storage and hybrid cloud workflow offerings; FPE generated an initial 2.6x MoC with a significant portion taken in Telestream stock.
-
Hunt Companies Acquires Majority Stake in Carter
July 18, 2025
Real Estate
Hunt Companies acquired a controlling (majority) interest in Carter, an Atlanta-based real estate investment and development firm, strengthening Carter's platform in mixed-use and residential development. The deal positions Carter to pursue larger, Sunbelt-focused projects while longtime CEO and Chairman Bob Peterson retires and Scott Taylor remains as President and CEO.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.