NewBold Corporation (Stonewood Portfolio) Acquires National Service Center from Illinois Tool Works
April 1, 2019
NewBold Corporation, a Stonewood Capital portfolio company, has acquired National Service Center (NSC) from Illinois Tool Works. NSC, based in Greenville, South Carolina, provides nationwide point-of-sale field repair, managed services and professional services to multi-unit retail and restaurant operators. The transaction expands NewBold's service capabilities and national footprint in POS and in-store technology for multi-unit operators.
- Buyers
- NewBold Corporation, Stonewood Capital Management, Inc.
- Targets
- National Service Center
- Sellers
- Illinois Tool Works Inc.
- Platforms
- NewBold Corporation
- Industry
- IT Services
- Location
- South Carolina, United States
- Transaction Type
- Addon
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