MSC Industrial Supply Co. Acquires ApTex and Premier Tool Grinding

June 25, 2024

MSC Industrial Supply Co. acquired ApTex, Inc. (Waukesha, Wisconsin) and Premier Tool Grinding, Inc. (Goodyear, Arizona); both businesses will continue to operate under their current names as MSC companies. The two targets had combined 2023 revenues of slightly over $20 million and 58 associates; MSC said the acquisitions will be net neutral to fiscal 2024 net income and will expand MSC’s regional presence and specialty tooling/regrinding capabilities.

Buyers
MSC Industrial Supply Co.
Targets
ApTex, Inc., Premier Tool Grinding, Inc.
Location
United States
Transaction Type
Buyout

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