Granite Creek Capital Partners and Canterbury Ventures Acquire Diamond Blade Warehouse

June 8, 2021

Granite Creek Capital Partners, alongside Canterbury Ventures (the investment arm of the Farrell family), acquired Diamond Blade Warehouse, a Vernon Hills, Illinois–based distributor of diamond cutting tool consumables. As part of the transaction W. James Farrell was appointed chairman and James M. Farrell named CEO; Granite Creek invested from its FlexCap II fund to support DBW's growth and geographic expansion.

Buyers
Granite Creek Capital Partners, L.L.C., Canterbury Ventures, LLC (Farrell family)
Targets
Diamond Blade Warehouse, LLC
Location
Illinois, United States
Transaction Type
Buyout

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