General Tools & Instruments, a supplier of specialty hand tools and hand-held test instruments, was acquired by High Road Capital Partners.
“General Tools & Instruments has a solid position as a leading provider of specialty hand tools and instruments across multiple industries, with a product portfolio of more than 1,500 SKUs,” High Road partner Jeff Goodrich said in a statement. “Its strengths include an exceptional product development capability through which the company introduces new and innovative tools annually and provides professional-grade products to consumer markets.
“General Tools & Instruments is a third-generation, family-run company with an enviable customer base, a trusted brand name and high-quality products. Together with General’s outstanding management team, we plan to pursue both organic growth initiatives and add-on acquisitions.”