GWS Tool Group has acquired Monster Tool Co. This is the fourth acquisition in 2021 for GWS Tool Group and the second West Coast acquisition by the U.S.-based manufacturer. GWS Tool Group is a portfolio company of private equity firm L Squared Capital Partners.
Located in Vista, California, Monster Tool is a manufacturer and distributer of solid round-cutting tools.
“Monster Tool is a best-in-class cutting tool company with a tremendous reputation for producing quality performance cutting tools and delivering them to their customers with the utmost speed and ease,” said Rick McIntyre, GWS’ CEO. “Their added logistics and service expertise are additional areas we will look to integrate into the GWS model to further enhance our service and delivery methods to the betterment of all our customers and partners in distribution.”
“I am thrilled for Monster Tool Company to be joining GWS Tool Group,” said Josh Lynberg, owner of Monster Tool. “From products and services to customer end markets and culture, there are just so many ways in which our companies align and complement each other. This merger will undoubtedly be for the betterment of our company, employees and customers.”