Tools

High Road portfolio company completes add-on acquisition

Tue, 31/12/2013 - 14:30

High Road Capital Partners’ portfolio company Accurate Components & Fasteners has completed the acquisition of All Tool Sales. 

Based in Franksville, Wisconsin, All Tool Sales operates through two divisions: All Fasteners, a distributor of industrial fasteners used by original-equipment manufacturers; and All Tool Sales, a distributor of cutting tools and industrial supplies. 
 
“All Tool Sales has a strong reputation for high-quality products and consultative services through its vendor-managed inventory programmes,” says Benjamin A Schnakenberg, High Road partner. “This acquisition expands our footprint and solidifies Accurate’s position as a leading provider of industrial fasteners and other industrial supplies to manufacturers in the Midwest.”
 
“We are excited to join the Accurate platform and have additional resources to serve our customers,” says Jim Ruetz, who will serve as president of the subsidiary. 
 
Family members Rosemary Thornton and Nick Ruetz will also continue in management roles.
 
Financing for the transaction was provided by US Bank and Northstar Capital.  Transaction consideration was not disclosed.  


Subscribe to free daily newsletter
latestjobs
Quantitative Trading Strategist | Front Office

Sat, 20 Dec 2014 00:00:00 GMT

Entry Level Financial Software Developer

Sat, 20 Dec 2014 00:00:00 GMT

C#.NET Developer – Quantitative Risk, Fixed Income

Sat, 20 Dec 2014 00:00:00 GMT

events
3 weeks 1 day from now - New Orleans
4 weeks 3 days from now - Boston
4 weeks 3 days from now - New York
5 weeks 18 hours from now - New York
specialreports