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Worthington Industries buys Level5 Tools in deal that could reach $80M - Kansas City Business Journal

Worthington Industries buys Level5 Tools in deal that could reach $80M - Kansas City Business Journal
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Worthington Industries Announces New Tools and Outdoor Living Products Available at Retailers ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. ....

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High Road Capital Partners Sells Portfolio Company General Tools & Instruments

High Road Capital Partners Sells Portfolio Company General Tools & Instruments
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NEW YORK, Feb. 3, 2021 /PRNewswire/ High Road Capital Partners (www.highroadcap.com) announced the sale of its portfolio company GTI Holding Company, the parent company of General Tools and Instruments, LLC ( General Tools ) (www.generaltools.com), to Worthington Industries, Inc. (NYSE: WOR), for $115,000,000. The sale, which closed on January 29, 2021, marks the third exit for High Road Capital Partners Fund II.
Secaucus, NJ-based General Tools is a leading designer, developer, and marketer of feature-rich, specialized hand-held tools and instruments for DIY users, safety equipment users, tradesmen, and craftsmen. General Tools products are marketed primarily under the General®, PacTool®, Garden Weasel®, and Hawkeye™ brands, to leading home improvement retailers, online marketers, hardware retailers, and wholesale ....

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