Pearlman Group Acquires Vector Tools
December 16, 2021
Pearlman Group, a portfolio company of The Stephens Group, has acquired Advanced Diamond Technologies, Inc. dba Vector Tools. The acquisition expands Pearlman's specialty distribution capabilities in stone fabrication tools and supplies across the U.S. Southeast; founders Elbert Wu and Corey Levy and the current management team will remain with the business. Terms were not disclosed.
- Targets
- Advanced Diamond Technologies, Inc. (Vector Tools)
- Platforms
- Pearlman Group
- Industry
- Industrial Services
- Location
- Georgia, United States
- Transaction Type
- Addon
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