Rhino Tool House Acquires BoMar Pneumatics

Rhino Tool House Acquires Power Tools & Supply

January 24, 2024

Industrial Services

Rhino Tool House, a value-added distributor headquartered in Concord, North Carolina and backed by Blue Sea Capital, has acquired Power Tools & Supply, Inc., a Walled Lake, Michigan-based distributor of assembly tools and material handling solutions. The acquisition expands Rhino Tool House's presence in Michigan and Northern Ohio and increases local service capabilities for automotive and automation integration customers.

Blue Sea Capital Acquires Rhino Tool House from Wincove Private Holdings

April 14, 2023

Industrial Services

Blue Sea Capital, a West Palm Beach-based private equity firm, has acquired Rhino Tool House, a Concord, North Carolina-based distributor of assembly tools and material handling solutions, from Wincove Private Holdings. The deal (terms undisclosed) will support Rhino Tool House's organic growth, geographic expansion across the U.S., and continued pursuit of complementary add-on acquisitions.

Rhino Tool House Acquires MP Industrial

March 27, 2024

Industrial Services

Rhino Tool House, a PE-backed value-added distributor based in Concord, North Carolina, has acquired MP Industrial, a Tacoma, Washington-based provider of assembly tools, material handling solutions and calibration services. The add-on expands Rhino Tool House’s Western U.S. footprint and boosts its repair, maintenance and calibration capabilities as part of the platform backed by Blue Sea Capital.

Rhino Tool House Acquires UWBA Design

December 16, 2024

Industrial Services

Rhino Tool House, a PE-backed value-added distributor headquartered in Concord, North Carolina, has acquired Columbus, Indiana-based automation controls firm UWBA Design. Backed by Blue Sea Capital, the acquisition expands Rhino Tool House's controls and programming capabilities and is the fifth add-on completed during Blue Sea Capital's partnership with the platform.

Rhino Tool House Acquires TMI Supply Company

October 2, 2023

Industrial Services

Rhino Tool House, a Concord, North Carolina-based value-added distributor, has acquired TMI Supply Company of Grand Rapids, Michigan to expand its western Michigan footprint and broaden product and service offerings. The transaction is an add-on to the Rhino platform during its partnership with private equity backer Blue Sea Capital, and TMI founder Tim Montsma will assume a leadership role with the combined company.

Palindrome, LLP Acquires Rhino Tool Company

November 7, 2023

Manufacturing

Palindrome, LLP, a private holding company headquartered in Spokane, Washington, acquired Rhino Tool Company, a Kewanee, Illinois manufacturer of pneumatic, hydraulic and gas-powered tools. The sell-side advisor was Kreshmore Group; the transaction closed on October 12, 2023 for undisclosed terms and appears to reflect an ownership transition led by company leadership.