M&A Deal Summary

Techniks Acquires O Saw and Tool

On October 30, 2015, Techniks acquired machinery company O Saw and Tool

Acquisition Highlights
  • This is Techniks’ 2nd transaction in the Machinery sector.
  • This is Techniks’ 2nd transaction in the United States.
  • This is Techniks’ 1st transaction in Illinois.

M&A Deal Summary

Date 2015-10-30
Target O Saw and Tool
Sector Machinery
Buyer(s) Techniks
Deal Type Add-on Acquisition

Target

O Saw and Tool

Cullom, Illinois, United States
O Saw and Tool LLC (dba RKO Saw) is a manufacturer and distributor of custom industrial saw blades.

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Buyer(S) 1

Buyer

Techniks

Indianapolis, Indiana, United States

Category Company
Founded 1997
Sector Machinery
DESCRIPTION

Techniks is a provider of aftermarket CNC tool holders, cutting tools, and work holding solutions. TTG leverages world-class domestic manufacturing capabilities, two well-regarded brands, a global high-value supply chain, R&D technologies, and a history of innovation to service an extensive network of metalworking and industrial distributors, machine OEMs and cutting tool, manufacturers.


DEAL STATS #
Overall 2 of 5
Sector (Machinery) 2 of 4
Type (Add-on Acquisition) 2 of 5
State (Illinois) 1 of 1
Country (United States) 2 of 4
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-10 Drake

Imperial, Missouri, United States

Drake Corp. specializes in the custom design, manufacture, and service / reconditioning of carbide and diamond tools in and around the greater Indiana and Missouri territories. Operating out of two manufacturing and service locations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-03 Riverside Tool

Elkhart, Indiana, United States

Riverside Tool Corp. is a provider of PCD/carbide cutting tools and sanding tools to dealers and distributors located throughout North America.

Buy -