Z Capital-backed Techniks Tool Group to acquire Eppinger.

Z Capital-backed Techniks Tool Group, a manufacturer and supplier of branded highly engineered, consumable, high-cost-of-failure aftermarket and OEM tooling products, agreed to acquire Eppinger, a designer and manufacturer of sophisticated, high precision static and live tools. Financial terms were not disclosed. "This transaction will enhance our global positioning and provide us with a broader platform, expanded manufacturing and distribution channels, and a wider customer set from which to grow. The combined entity will be renamed Eppinger Technologies, and we will continue to build upon our industry-leading channel presence and diversified suite of products," Dean Glover, TTG CEO.