HKW Acquires Technical Toolboxes Powertools, Inc.

HKW Acquires Watershield Industries

March 13, 2026

Industrial Services

HKW, a middle-market private equity firm, acquired Watershield Industries, a manufacturer and distributor of fire and rescue equipment. Watershield serves municipal, wildland and industrial customers across North America with a multi-brand portfolio including Weis Fire & Safety, S&H Products and C&S Supply. Financial terms were not disclosed.

Technical Toolboxes Acquires HUVR

January 28, 2026

Software

Technical Toolboxes, a provider of critical assessment software for energy infrastructure, has announced the acquisition of HUVR, which offers inspection data collection and digital workflows for asset integrity programs. The combined offering is intended to unify inspection field data capture, critical engineering assessments, and asset data storage to improve compliance and decision-making for energy asset owners and inspectors.

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.

HKW Acquires Electric Equipment & Engineering Co.

July 3, 2025

Manufacturing

HKW, a middle-market private equity firm, has acquired Electric Equipment & Engineering Co. (EEE), a Denver-based designer and manufacturer of electrical power distribution products serving data centers, telecommunications, broadband and utilities. The company was owned by the third-generation Morroni family prior to the transaction; financial terms were not disclosed and financing was provided by Barings and Siguler Guff.

DBW Holdings Acquires Peak Toolworks

December 13, 2023

Manufacturing

DBW Holdings, parent of Diamond Blade Warehouse, acquired Peak Toolworks in a deal completed with private investors Granite Creek Capital Partners and Canterbury Ventures, with financing from Hidden River Strategic Capital and Muzinich BDC, Inc. Peak Toolworks will join DBW under the DBW Holdings umbrella and continue to operate as a separate business, expanding DBW's product and service offerings across infrastructure, construction, automotive and manufacturing end markets.

BOX Partners Acquires The Packaging Wholesalers

April 25, 2023

Packaging

BOX Partners, a national packaging wholesaler majority‑owned by Charlesbank Capital Partners, has acquired The Packaging Wholesalers (TPW), a nationwide packaging distributor with a more than 20‑year track record. The deal combines distribution footprints and capabilities to create a larger national wholesaler with six distribution locations and 3M+ square feet to improve product assortment and faster delivery for customers.