M&A Deal Summary

Laguna Tools Acquires Dake

On December 5, 2019, Laguna Tools acquired machinery company Dake from JSJ

Acquisition Highlights
  • This is Laguna Tools’ 1st transaction in the Machinery sector.
  • This is Laguna Tools’ 2nd transaction in the United States.
  • This is Laguna Tools’ 1st transaction in Michigan.

M&A Deal Summary

Date 2019-12-05
Target Dake
Sector Machinery
Buyer(s) Laguna Tools
Sellers(s) JSJ
Deal Type Divestiture

Target

Dake

Grand Haven, Michigan, United States
Dake Corp. is specialized in presses, bandsaws, and other machine tools for the metalworking industry. Dake was founded in 1887 and is based in Grand Haven, Michigan.

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Buyer(S) 1

Buyer

Laguna Tools

Huntington Beach, California, United States

Category Company
Founded 1983
Sector Manufacturing
DESCRIPTION

Laguna Tools is a manufacturer of CNC machinery and band saws, table saws, edge banders, lathes, dust collectors, and other woodworking equipment. Laguna Tools was founded in 1983 and is based in Huntington Beach, California.


DEAL STATS #
Overall 2 of 2
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-18 St. Joseph Tools

Saint Paul, Minnesota, United States

St. Joseph Tools LLC (dba SuperMax Tool) is a designer and sells drum, brush and combo sanders for the woodworking and metalworking industries. SuperMax also sells sander accessories including dust collectors, abrasives and brushes. St. Joseph Tools LLC (dba SuperMax Tool) was established in 2005 and is based in Saint Paul, Minnesota.

Buy -

Seller(S) 1

SELLER

JSJ

Grand Haven, Michigan, United States

Category Company
Founded 1919
Sector Manufacturing
DESCRIPTION

JSJ Corp. is a manufacturing company with expertise, including manufacturers of precision metal enclosures, metal diaphragms, mechatronic systems, and electronic controls; distributors of industrial supplies; and providers of maintenance services of industrial belting. JSJ was founded in 1919 and is based in Grand Haven, Michigan.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1