Announced
Financials
Tags
Single Bidder
United States
Pending
Friendly
cutting tools
Majority
Acquisition
Domestic
Private
Private Equity
outdoor equipment
Machinery: Specialty
Synopsis
Investment firm Platinum Equity agreed to acquire Oregon Tool, a global manufacturer and distributor of aftermarket-driven professional grade cutting tools, outdoor equipment accessories and parts from private equity firms American Securities and P2 Capital Partners. Financial terms were not disclosed. "Oregon Tool has a well-deserved reputation for quality, innovation and engineering that dates back nearly 75 years. We are committed to building on that legacy and working with the management team to invest in a new generation of growth and expansion. We have a lot of experience helping companies like Oregon Tool take the next step and our financial and operational resources will accelerate their efforts," Louis Samson, Platinum Equity Partner.
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