M&A Deal Summary

Techniks Acquires Riverside Tool

On June 3, 2016, Techniks acquired machinery company Riverside Tool

Acquisition Highlights
  • This is Techniks’ 3rd transaction in the Machinery sector.
  • This is Techniks’ 3rd transaction in the United States.
  • This is Techniks’ 1st transaction in Indiana.

M&A Deal Summary
Date 2016-06-03
Target Riverside Tool
Sector Machinery
Buyer(s) Techniks
Deal Type Add-on Acquisition

Target

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.

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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 3 of 5
Sector (Machinery) 3 of 4
Type (Add-on Acquisition) 3 of 5
State (Indiana) 1 of 1
Country (United States) 3 of 4
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-30 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-10 Eide Saw & Tool Services

Minneapolis, Minnesota, United States

Eide Saw & Tool Services, Inc. is a reseller of and service provider for carbide tipped saw blades and band saws primarily used for cutting wood and non-ferrous metals.

Buy -
Mergr

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