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Gws Tool Group Announces Acquisition Of Monster Tool Company

Aug 11, 2021•over 4 years ago

Acquiring Company

GWS Tool Group

Acquired Company

Monster Tool

Description

GWS Tool Group is pleased to announce it has acquired Monster Tool Company. This is the fourth acquisition in 2021 for GWS Tool Group and the second West Coast acquisition by the U.S.-based manufacturer.

Company Information

Company

GWS Tool Group

About

GWS Tool Group is a U.S.-based, vertically integrated manufacturer of highly engineered custom, standard, and modified standard cutting tools, primarily servicing the aerospace and defense, power generation, automotive and medical sectors. GWS Tool Group has acquired multiple businesses in the course of its growth that now serve as the respective manufacturing divisions for the Company. For more information, please visit GWSToolGroup.com or contact Drew Strauchen, EVP of Marketing & Business Development for GWS Tool Group at 877.497.8665.

M&A Insights

Based on deal data
Integration 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