M&A Deal Summary

Rhino Tool House Acquires Power Tools & Supply

On January 24, 2024, Rhino Tool House acquired manufacturer Power Tools & Supply

Acquisition Highlights
  • This is Rhino Tool House’s 2nd transaction in the Manufacturing sector.
  • This is Rhino Tool House’s 5th transaction in the United States.
  • This is Rhino Tool House’s 2nd transaction in Michigan.

M&A Deal Summary
Date 2024-01-24
Target Power Tools & Supply
Sector Manufacturing
Buyer(s) Rhino Tool House
Deal Type Add-on Acquisition

Target

Power Tools & Supply

Walled Lake, Michigan, United States
Power Tools & Supply provides a wide range of assembly tools and material handling solutions to automotive and automation integration customers. Power Tools & Supply was formed in 1989 and is based in Walled Lake, Michigan.

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Buyer(S) 1

Buyer

Rhino Tool House

Concord, North Carolina, United States
Category Company
Founded 2000
Sector Manufacturing
DESCRIPTION

Rhino Tool House is a provider of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on intelligent fastening solutions that provide data on productivity, performance, and safety. Rhino Tool House was founded in 2000 and is based in Concord, North Carolina.

DEAL STATS #
Overall 5 of 6
Sector (Manufacturing) 2 of 2
Type (Add-on Acquisition) 4 of 5
State (Michigan) 2 of 2
Country (United States) 5 of 6
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-18 BoMar

Indianapolis, Indiana, United States

BoMar is a full-service, full-line stocking distributor that offers superior pneumatic assembly and foundry tools, as well as DC electric tools and controllers and other lines that complement manufacturing. Its customers include United Technologies Carrier, Ford, Navistar, General Motors, Wabash National Corporation, Gecom Corporation, Cummins Inc., and ITT Corporation. BoMar was formed in 1995 and is based in Indianapolis, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-27 MP Industrial

Tacoma, Washington, United States

MP Industrial provides a wide range of assembly tools and material handling solutions to a diversified customer base. MP Industrial is based in Tacoma, Washington.

Buy -
Mergr

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