Dbw Holdings Announces Acquisition Of Peak Toolworks: Expands Its Leading Diamond Tool Cutting Product Line
Dec 13, 2023•about 2 years ago
Acquiring Company
Diamond Blade Warehouse
Acquired Company
Peak Toolworks
Description
DBW Holdings, L.L.C., (“DBW Holdings”) parent company of Diamond Blade Warehouse, today announced the acquisition of Peak Toolworks (“Peak”), the premier manufacturer and servicer of diamond and carbide precision cutting tools. DBW Holdings’ acquisition of Peak Toolworks was completed in partnership with private investment firm Granite Creek Capital Partners, L.L.C., and Canterbury Ventures, L.L.C., the investment arm of James M. Farrell and W. James Farrell, with additional financing provided by Hidden River Strategic Capital and Muzinich BDC, Inc.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed