MSC Industrial Supply Co. Acquires Buckeye Industrial Supply Co. and Tru-Edge Grinding Inc.

MSC Industrial Supply Co. Acquires ApTex and Premier Tool Grinding

June 25, 2024

Industrial Services

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.

MSC Industrial Supply Co. Acquires KAR Industrial Inc.

January 22, 2024

Industrial Services

MSC Industrial Supply Co. has acquired KAR Industrial Inc., a Canadian metalworking distributor that operates three facilities in Mississauga, Montreal and Edmonton. KAR will continue to operate under its Duramill and Omnitool divisions with Ward Meek remaining in daily management; the business reported approximately US$16 million in 2023 revenue and 45 employees. MSC said the acquisition expands its metalworking footprint in Canada and will provide KAR customers access to MSC's broader product portfolio and e-commerce channel.

The Bostwick-Braun Company Acquires Mill Supplies, Inc.

November 8, 2022

Industrial Services

The Bostwick-Braun Company’s Industrial Business Division has acquired Mill Supplies, Inc. (MSI), a regional distributor of power tools, abrasives, MRO and safety products operating in Fort Wayne and Indianapolis. The deal brings MSI into Bostwick-Braun’s industrial group to expand its Midwest footprint and serves as a succession plan for owners Andy and Karen Beckstein, who will remain in key management roles.

BlackHawk Industrial Acquires Pinnacle Tool & Supply

January 12, 2022

Industrial Services

BlackHawk Industrial, a Tulsa-based industrial distributor, has acquired Pinnacle Tool & Supply, a Toledo, Ohio-based distributor with a second location in Cleveland. The acquisition expands BlackHawk's operational footprint and service capabilities in the Ohio manufacturing market; financial terms were not disclosed.

Midwest Growth Partners and Summit Equity Group Acquire Manitowoc Tool & Machining

December 15, 2022

Manufacturing

Midwest Growth Partners and Summit Equity Group, with mezzanine financing from NewSpring Mezzanine and a management rollover, completed an acquisition of Manitowoc Tool & Machining (MTM). The transaction positions MTM — a precision, production-oriented contract manufacturer serving OEM customers across agriculture, HVAC, aerospace & defense, medical and logistics/e-commerce — for continued growth and expanded capabilities under sponsor ownership.

HGR Industrial Surplus Acquires Tramar Industries

December 23, 2021

Industrial Services

HGR Industrial Surplus has acquired Tramar Industries, a global CNC machinery marketplace, merging the two businesses to create a one-source solution for buying and selling used industrial equipment. The deal expands HGR's CNC equipment offering, geographic footprint and warehouse capacity across North America while combining complementary marketplaces and services.