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.
- Buyers
- BlackHawk Industrial Distribution, Inc.
- Targets
- Tools for Industry, Inc., Service for Industry
- Industry
- Industrial Services
- Location
- Ohio, United States
- Transaction Type
- Buyout
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