gws tool group acquired

GWS Tool Group has acquired multiple businesses in the course of its growth which now serve as the respective manufacturing divisions for the Company. We primarily work with the aerospace, defense, automotive and medical device industries. Copyright © 2021 GWS Tool. Located near Phoenix with ~100 employees and operating out of a 35,000ft 2 facility, Intrepid is a leading provider of carbide, HSS, and PCD cutting tools to the aerospace sector, with a special emphasis on threaded-shank and/or brazed construction drills, reamers, and countersinks. GWS Tool Group is a US-based, vertically integrated manufacturer of highly engineered custom, standard, and modified standard cutting tools, primarily servicing the aerospace and defense, power generation, automotive and medical sectors. This combination with GWS Tool Group serves the interests of all constituencies of Intrepid Tool, from customers to vendors to employees. GWS Tool Group has acquired STF Precision, which is located near Asheville, North Carolina. or contact Drew Strauchen, EVP of Marketing & Business Development for GWS Tool Group, at drew@gwstoolgroup.com or 877.497.8665. The acquisition of STF Precision enhances the GWS product portfolio and capabilities in the area of polycrystalline diamond tools (PCD) and Cubic Boron Nitride (CBN) solutions, and further expands the GWS manufacturing presence into the Carolinas. The company’s product capability includes complex HSS and carbide step tools for aerospace and automotive applications, custom thread-on modular tooling and combination tools for the elimination of multi-tool operations. Just because there is a new owner, doesn't mean that the quality of an Allen Benjamin Tap has changed! GWS Tool Group has acquired multiple businesses in the course of its growth which now serve as the respective manufacturing divisions for the company. Manufacturing Company. GWS Tool Group was bought out by L Squared Capital Partners on Sep 18, 2019. The largest manufacturing acquisition in 2021 was Novasep s Viral Vector Manufacturing Business - which was acquired by Thermo Fisher Scientific for $817M. The acquisition of Taurus Tool enhances the GWS product portfolio and capabilities in the area of custom HSS tooling and custom thread-on modular tooling, while adding additional capacity for complex carbide hole making and milling tools. January 7, 2020 – GWS Tool Group is pleased to announce it has acquired Intrepid Tool Industries (“Intrepid”). Taurus is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020. GWS Tool Group is pleased to announce it has acquired CJT Koolcarb, Inc and its PCD operating subsidiary, GenHam Diamond Tools. Located in Northern Illinois, North American Tool is a world-class supplier of … All rights reserved. GWS Tool Group announced that it has acquired STF Precision. For more information, please visit www.GWSToolGroup.com or contact Drew Strauchen, EVP of Marketing & Business Development for GWS Tool Group, at drew@gwstoolgroup.com or 877.497.8665. GWS Tool Group (Chesterfield, Indiana) is announced on Jan. 7 that it has acquired Taurus Tool & Engineering (Delaware County, Indiana). GWS has acquired multiple businesses in the course of its growth which now serve as the respective manufacturing divisions for the Company. STF is the third add-on acquisition in 2020 for GWS. GWS Tool Group recently announced the acquisition of Taurus Tool & Engineering. Carbide Grinding has built its reputation as a manufacturer of precision carbide, PCD and CBN tipped insert tooling servicing the automotive, aerospace, power generation and medical sectors at a high level since 1958. Resources. Faveo GmbH is another member of the GWS group of companies. They represent the […] Taurus is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020. GWS Tool Group has acquired STF Precision, which is located near Asheville, North Carolina.The acquisition of STF Precision enhances the GWS product portfolio and capabilities in the area of polycrystalline diamond tools (PCD) and Cubic Boron Nitride (CBN) solutions, and further expands the GWS manufacturing presence into the Carolinas. Tavares, FL-based GWS announced Feb. 4 that it has acquired North American Tool Corporation (NATC), a fellow supplier of special taps, dies and gages. Located near Batavia, IL, Taurus is a leading manufacturer of precision custom cutting tools, primarily in the categories of both HSS and carbide hole making and milling tools. GWS Tool Group is a US-based, vertically integrated manufacturer of highly engineered custom, standard, and modified standard cutting tools, primarily servicing the aerospace and defense, power generation, automotive and medical sectors. This is the second acquisition in 2021 for GWS Tool Group.Located in Carol Stream, IL, CJT is an industry leader in the manufacturing of carbide and carbide-tipped drills and… GWS Tool Group has acquired multiple businesses in the course of its growth which now serves as the respective manufacturing divisions for the Company. Located near Asheville, NC, STF is a manufacturer of precision cutting tools, primarily in the categories of polycrystalline diamond tools (PCD), single-crystal diamond tools (SCD) and Cubic Boron Nitride (CBN). GWS Tool Group is a US-based manufacturer of highly engineered custom, standard and modified standard round and insert cutting tools. Taurus, based in Batavia, Illinois. Located near Batavia, Illinois, Taurus manufactures precision custom cutting tools, including complex HSS and carbide step tools, custom thread-on modular tooling, and combination tools that eliminate multi-tool operations. “Benchmark is a fantastic addition to our team” said Rick McIntyre, CEO of GWS … Copyright © 2021 GWS Tool. TAVARES, Fla., Jan. 7, 2021 /PRNewswire/ -- GWS Tool Group is pleased to announce it has acquired Taurus Tool & Engineering. GWS Tool Group is a US-based, vertically integrated manufacturer of highly engineered custom, standard, and modified standard cutting tools, primarily servicing the aerospace and defense, power generation, automotive and medical sectors. The continued expansion of GWS by way of acquisitions and constant investment in world class technology, equipment and most importantly, people, has created an unmatched value proposition for customers operating in advanced machining environments, especially in the areas of custom round and insert tooling. L Squared Portfolio Company GWS Tool Group Acquires Taurus Tool & Engineering . They represent the second add-on acquisition in 2020 for GWS. Taurus is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020. GWS's last funding round was on Apr 2020 for a total of $350.0K . ROUND. GWS Tool Group has acquired Intrepid Tool Industries, its first add-on acquisition in 2020. GWS Tool Group has acquired Taurus Tool and Engineering, a manufacturer of precision custom round, HSS and carbide-step tools. Tavares, FL-based GWS announced Feb. 4 that it has acquired North American Tool Corporation (NATC), a fellow supplier of special taps, dies and gages. L Squared partnered on this transaction with the company’s current financial sponsor, Addison Capital Partners, and the GWS Tool senior management team. Out of 60 sectors in the Mergr database, manufacturing ranked 12 in number of deals in 2021. Continue Reading GWS Tool Group Located near Asheville, North Carolina STF is a leading manufacturer of precision cutting tools, primarily in the categories of polycrystalline diamond tools (PCD), […] GWS Tool Group is a US-based, vertically integrated manufacturer of highly engineered custom, standard, and modified standard cutting tools. Taurus is a leading manufacturer of precision custom cutting tools, primarily in the categories of both HSS and carbide hole making and milling tools. The acquisition of North American Tool Corporation extends custom product capability into the threading space, a new offering for GWS that adds a powerful dimension to the already robust product and service portfolio. Intrepid is the first add-on acquisition in 2020 for GWS. … Taurus is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020. GWS Tool Group acquires Taurus Tool & Engineering. We maintain the size, scale and capabilities of the largest companies in the industry, but the service-oriented disposition of a small organization. Intrepid is the first add-on acquisition in 2020 for GWS. 8-facet PDC Drills, Carbide Drills/Countersinks. The company's product capability portfolio … Tavares, Fla. – January 7 – GWS Tool Group has acquired Intrepid Tool Industries. This is the second acquisition in 2021 for GWS Tool Group. Tavares, Fla. – January 7 – GWS Tool Group has acquired Intrepid Tool Industries. Tavares, FL February 4th, 2020 – GWS Tool Group is pleased to announce it has acquired North American Tool Corporation (NATC). Founded in 1980, Benchmark has become an industry leader in the design and manufacturing of a wide range of standard high performance endmills. They represent the second add-on acquisition in 2020 for GWS. This is the second acquisition in 2021 for GWS Tool Group. Intrepid is the first add-on acquisition in 2020 for GWS. Tavares, FL February 4th, 2020 – GWS Tool Group is pleased to announce it has acquired North American Tool Corporation (NATC). This is the … Overview. Log In. Summary. We have accomplished this through constant investment in the organization, which has included the […] TAVARES, Fla., Oct. 20, 2020 /PRNewswire/ — GWS Tool Group is pleased to announce it has acquired STF Precision. GWS Funding History. GWS Tool Group in Tavares, Florida, has acquired Taurus Tool & Engineering. GWS Funding History Since GWS was founded in 1980, it has participated in 2 rounds of funding. GWS Tool Group has acquired multiple businesses in the course of its growth which now serve as the respective manufacturing divisions for the company, and include GW Schultz Tool (Tavares, FL), CGI Tool Chesterfield, IN), Alliance CNC (Grand Rapids, MI) and Benchmark Carbide (Springfield, MA). It is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020. Search Crunchbase. Taurus is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020. This acquisition represents the second add-on acquisition in 2020 for GWS. Tavares, FL February 4th, 2020 – GWS Tool Group is pleased to announce it has acquired North American Tool Corporation (NATC). GWS Tool Group is pleased to announce it has acquired CJT Koolcarb, Inc and its PCD operating subsidiary, GenHam Diamond Tools. Located in Northern Illinois, North American Tool is … Join Mergr to view all 73 acquisitions of … Acquisition. After 8 years with this distributor, Michael was then brought into CJT Koolcarb to continue working with customers in a sales/application position. Tavares, FL January 7, 2021 – GWS Tool Group is pleased to announce it has acquired Taurus Tool & Engineering. “I am very excited for Taurus Tool to be joining GWS Tool Group,” said Jim Kantak, co-owner and President of Taurus Tool & Engineering. South Beloit, IL-based NATC’s product […] GWS Tool Group (Chesterfield, Indiana) is announced on Jan. 7 that it has acquired Taurus Tool & Engineering (Delaware County, Indiana). “We have overcome and accomplished so much in a short period of time and are thrilled to continue delivering our precision engineered solutions via the GWS Tool Group.”. Taurus is GWS’ first acquisition in 2021, following three previous acquisitions in … STF is the third add-on acquisition in 2020 for GWS. Taurus is a manufacturer of precision custom cutting tools, primarily in the categories of both HSS and carbide hole making and milling tools. With the addition of Intrepid, GWS further solidifies its position as the premier multi-disciplinary manufacturer of high-performance cutting tools in the marketplace today. If you’re in the market for high tensile strength carbide taps and metric taps, we can assure you that you’re in the right place. GWS Tool Group has acquired Taurus Tool and Engineering, a manufacturer of precision custom round, HSS and carbide-step tools. A major acquisition in the US cutting tool market was announced earlier this month, with GWS Tool Group making its second bolt-on addition already in 2020. GWS Tool Group is pleased to announce it has acquired Taurus Tool & Engineering. Since GWS was founded in 1980, it has participated in 2 rounds of funding. GWS Tool Group has acquired multiple businesses in the course of its growth which now serves as the respective manufacturing divisions for the Company. This is GWS’ first acquisition in 2021, following three previous ones in 2020. Save . “Taurus Tool & Engineering is an obvious match and fit for our organization,” said Rick McIntyre, GWS CEO. GWS Tool Group is a US-based, vertically integrated manufacturer of highly engineered custom, standard, and modified standard cutting tools, primarily servicing the aerospace and defense, power generation, automotive and medical sectors. GWS Tool Group acquires CJT Koolcarb Inc on 2021-04-06 for an undisclosed amount. GWS Tool Group has acquired multiple businesses in the course of its growth which now serve as the respective manufacturing divisions for the company. GWS Tool Group Acquires North American Tool Corp. By: Jedd Cole - Modern Machine Shop February 11, 2020. Located near Batavia, IL Taurus is a leading manufacturer of precision custom cutting tools, primarily in the categories of both HSS and carbide hole making and milling tools. Located near Phoenix with approximately 100 employees and operating out of a 35,000 sf facility, Intrepid is a leading provider of carbide, HSS and PCD cutting tools to the aerospace sector, with a special emphasis on threaded-shank and/or brazed construction drills, reamers and countersinks. GWS has acquired 7 companies and its latest acquisition was GenHam Diamond Tooling Systems, Inc. in Apr 2021. “In addition to this investment establishing a substantial physical presence on the west coast on which to further build, their industry leading product and service portfolio is the perfect complement to our already dynamic offering. GWS Tool Group is pleased to announce it has acquired CJT Koolcarb, Inc and its PCD operating subsidiary, GenHam Diamond Tools. 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