PennTool Group - Ownership and Business Overview

ManufacturingCompany

PennTool Group Ownership

Who owns PennTool Group?

PennTool Group is owned by Tinicum Capital Partners. It was acquired on May 1, 2005.

Is PennTool Group PE-backed?

Yes. PennTool Group is owned by private equity investor Tinicum Capital Partners.

PennTool Group Business Overview

Where is PennTool Group headquartered?

PennTool Group is headquartered in Westland, Michigan.

How many employees does PennTool Group have?

PennTool Group has 1,361 employees.

What sector is PennTool Group in?

PennTool Group is a manufacturing company.

When was PennTool Group founded?

PennTool Group was founded in 1942.

Manufacturing M&A Summary in 2005

Out of 60 sectors in the Mergr database, manufacturing ranked 4 in number of deals in 2005. The largest manufacturing acquisition in 2005 was York International - which was acquired by Johnson Controls for $3.2B.

Join Mergr to view all 142 acquisitions of manufacturing companies in 2005, including 78 acquisitions by private equity firms, and 64 by strategics.

PennTool Group

PennTool Group

39115 Warren Road,
Westland, Michigan 48185
United States,
(734) 710-0010
www.penntoolgroup.com

PennTool Group is a provider of engineered fasteners. PEM design and manufacture of precision tooling for heading and screw machine operations. The pennTool Group utilizes this extensive knowledge to bring quality, cost effective tooling and machine part solutions to fastener and component manufacturers across various industries. PennTool Group was founded in 1942 and is based in Westland, Michigan.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.0/yr) # 1 - - - - - 1
vol $64M $64M
  1

Most Recent M&A

Company Date Value Type
PennEngineering Motion Technologies 2006-05-15 64M USD Divestiture
Harleysville, Pennsylvania · www.pennmotion.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Engineering - - 1 (100%) 64M (100%)
Total - - 1 $64M

By Geo

State/Country Buy Value Sell Value
United States - - 1 64M
  Pennsylvania - - 1 64M
Total - - 1 $64M

Deal Values

sell # Total
< $100M 1 $64M
TOTAL $64M
Largest PennEngineering Motion Technologies
$64M (2006-05-15)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Manufacturing

Employees

1,361

Established

1942

Former Name

Penn Engineering & Manufacturing Corp.

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