M&A Deal Summary

RACO Industries Acquires ToolWorx Information Products

On June 15, 2016, RACO Industries acquired technology hardware company ToolWorx Information Products

Acquisition Highlights
  • This is RACO Industries’ 1st transaction in the Technology Hardware sector.
  • This is RACO Industries’ 1st transaction in the United States.
  • This is RACO Industries’ 1st transaction in Michigan.

M&A Deal Summary

Date 2016-06-15
Target ToolWorx Information Products
Sector Technology Hardware
Buyer(s) RACO Industries
Deal Type Add-on Acquisition

Target

ToolWorx Information Products

Brighton, Michigan, United States
ToolWorx Information Products, Inc. is a developer of automated data collection applications, specializing in lot/part traceability and label error proofing. ToolWorx suite of products assists companies minimize the scope of a product recall or product defect investigation as well as ensuring that all products and packaging are labeled correctly.

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Buyer(S) 1

Buyer

RACO Industries

Cincinnati, Ohio, United States

Category Company
Founded 1988
Sector Technology Hardware
DESCRIPTION

RACO Industries LLC is an integrator of mobile data collection solutions, ID card printing systems, mobile content deployment, wireless data and professional services. RACO’s business solutions encompass most barcoding, card, and GPS application to enhance productivity and services of the mobile workforce. RACO Industries provides clients with real-time visibility to their mobile information at the point of service.


DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1