Add-on Acquisition • Manufacturing

GWS Tool Acquires CJT Koolcarb

On March 31, 2021, GWS Tool acquired manufacturer CJT Koolcarb

Acquisition Context
  • This is GWS Tool’s 8th transaction in the Manufacturing sector.
  • This is GWS Tool’s 8th transaction in the United States.
  • This is GWS Tool’s 3rd transaction in Illinois.

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M&A Deal Summary

Date March 31, 2021
Target CJT Koolcarb
Sector Manufacturing
Buyer(s) GWS Tool
Deal Type Add-on Acquisition

Target Company

CJT Koolcarb

Carol Stream, Illinois, United States
CJT Koolcarb is a manufacturer of carbide and carbide-tipped drills and reamers. CJT Koolcarb was founded in 1969 and is based in Carol Stream, Illinois.
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Buyer Overview 1

Buyer

GWS Tool

Tavares, Florida, United States

Category Company
Founded 2014
Sector Manufacturing
DESCRIPTION

GWS Tool is a manufacturer of engineered custom, standard, and modified standard cutting tools, primarily servicing the aerospace and defense, power generation, automotive, and medical sectors. GWS Tool was formed in 2014 and is based in Tavares, Florida.


Deal Context for Buyer #
Overall 8 of 10
Sector: Manufacturing 8 of 10
Type: Add-on Acquisition 8 of 10
State: Illinois 3 of 3
Country: United States 8 of 9
Year: 2021 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-07 Taurus Tool & Engineering

Batavia, Illinois, United States

Taurus Tool & Engineering, Inc. is a manufacturer of precision custom cutting tools, primarily in the categories of both HSS and carbide hole making and milling tools. Taurus Tool & Engineering is based in Batavia, Illinois.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-08 Indexable

Welland, Ontario, Canada

Indexable is a manufacturer and distributor of ceramic, PCD, and CBN insert. With six global patents surrounding their microwave sintering processes, Indexable can output ceramic inserts with ultra-fine-grained microstructures that yield increased hardness, toughness, and thermal stability versus traditional ceramic grades in the same categories. Indexable is based in Welland, Ontario.

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