M&A Deal Summary

Snap-on Acquires Mountz

On November 7, 2023, Snap-on acquired manufacturer Mountz for 40M USD

Acquisition Highlights
  • This is Snap-on’s 3rd transaction in the Manufacturing sector.
  • This is Snap-on’s 7th largest (disclosed) transaction.
  • This is Snap-on’s 9th transaction in the United States.
  • This is Snap-on’s 3rd transaction in California.

M&A Deal Summary

Date 2023-11-07
Target Mountz
Sector Manufacturing
Buyer(s) Snap-on
Deal Type Add-on Acquisition
Deal Value 40M USD

Target

Mountz

San Jose, California, United States
Mountz is a developer, manufacturer, and marketer of high-precision torque tools, including measurement, calibration, and documentation products. Mountz is based in San Jose, California.

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Buyer(S) 1

Buyer

Snap-on

Kenosha, Wisconsin, United States

Category Company
Founded 1920
Sector Machinery
Employees13,200
Revenue 5.1B USD (2023)
DESCRIPTION
Entrance to Snap-on's corporate headquarters in Kenosha, Wisconsin.
Entrance to Snap-on's corporate headquarters in Kenosha, Wisconsin.

Snap-on is a manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users. Snap-on was founded in 1920 and is based in Kenosha, Wisconsin.


DEAL STATS #
Overall 16 of 16
Sector (Manufacturing) 3 of 3
Type (Add-on Acquisition) 14 of 14
State (California) 3 of 3
Country (United States) 9 of 9
Year (2023) 1 of 1
Size (of disclosed) 7 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-08 Dealer-FX

Markham, Ontario, Canada

Dealer-FX Group, Inc. is a provider of customer experience and process automation software for auto dealership service departments. Dealer-FX specializes in software as a service (SaaS) management systems, communications platforms, and extensive data integrations, and offers a digitized solution that increases dealership productivity and enhances the vehicle owners’ service experience. Dealer-FX was founded in 2007 and is based in Markham, Ontario.

Buy $200M