At what enterprise value was GENERAL TOOLS & INSTRUMENTS acquired in 2021?

During the acquisition of GENERAL TOOLS & INSTRUMENTS by WORTHINGTON INDUSTRIES in 2021, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M USD.

What was the EV/EBITDA of GENERAL TOOLS & INSTRUMENTS when it was acquired by WORTHINGTON INDUSTRIES?

The estimated EV/EBITDA multiple for GENERAL TOOLS & INSTRUMENTS is in the range of 5x - 12x.

What was the revenue of GENERAL TOOLS & INSTRUMENTS at the time of the deal?

The revenue of GENERAL TOOLS & INSTRUMENTS at the time of the deal is estimated to be in the range of 50M - 100M USD.

What was the EBITDA of GENERAL TOOLS & INSTRUMENTS during the acquisition?

GENERAL TOOLS & INSTRUMENTS's EBITDA is estimated to be in the range of 5M - 25M USD.

How is the data for the GENERAL TOOLS & INSTRUMENTS acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the GENERAL TOOLS & INSTRUMENTS deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://ir.worthingtonenterprises.com/news/news-details/2021/Worthington-Industries-Acquires-General-Tools--Instruments-Company/default.aspx

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Home Database Industry & ManufacturingGENERAL TOOLS & INSTRUMENTS

02/2021

GENERAL TOOLS & INSTRUMENTS acquired by WORTHINGTON INDUSTRIES

UNITED STATES Industrial Equipment / Special Machinery / Instrumentation & Measurement EV 100M - 350M USD

Context

The acquisition of General Tools & Instruments by Worthington Industries represents a significant strategic expansion of the purchaser’s consumer products segment, marking a definitive move to consolidate its leadership in the niche tools and outdoor living markets. Strategically, this acquisition allows Worthington to internalize a proven new product development engine and a portfolio of nearly 100-year-old brands, creating substantial cross-selling opportunities with its existing retail and blue-chip customer base. The rationale for the deal centers on deepening technical expertise in specialized tool categories—such as precision measurement and environmental safety—which offer attractive, high-margin end-markets. From a transaction facts perspective, the deal was funded through existing cash reserves, demonstrating the group's robust liquidity and commitment to value-accretive M&A. The existing management team of the target will remain operational, ensuring the continuity of technical knowledge and the efficient management of its global supply chain.

GENERAL TOOLS & INSTRUMENTS, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

General Tools & Instruments Company is a historic American provider of specialized hand tools and precision instruments, maintaining a robust portfolio of over 1,200 feature-rich products. Established in 1922 and headquartered in Secaucus, New Jersey, the firm operates through a collection of well-established brands including General, Garden-Weasel, Pactool International, and Hawkeye. Its business model focuses on niche categories such as environmental health and safety, precision measurement and layout, home repair and remodel, and specialized lawn and garden tools. The company differentiates itself through a proven product development process characterized by high technical agility and rapid speed-to-market, allowing it to maintain long-standing relationships with blue-chip retail and industrial customers.

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Similar deals in Industrial Equipment

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Date	Acquirer	Target	Country	Sector
03/2021	NSK	BRÜEL & KJÆR VIBRO	GERMANY	Instrumentation & Measurement
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02/2021	SULZER	NORDIC WATER	SWEDEN	Valves, Pumps & Taps
02/2021	BC PARTNERS	IMA GROUP	ITALY	Robotics & Automation
01/2021	ITW	MTS TEST & SIMULATION	UNITED STATES	Instrumentation & Measurement
12/2020	ANTARES VISION GROUP	APPLIED VISION CORP.	UNITED STATES	Instrumentation & Measurement
11/2020	INTERPUMP GROUP	DZ TRASMISSIONI	ITALY	Components
10/2020	THE CARLYLE GROUP	FLENDER	GERMANY	Special Machinery
10/2020	MAREL	TREIF MASCHINENBAU	GERMANY	Food & Beverage Lines
08/2020	CELLINK	SCIENION	GERMANY	Lab & Scientific Equipment

REFERENCES

Valuation range: EV 100M - 350M USD

Revenue range: 50M - 100M USD

EBITDA range: 5M - 25M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GENERAL TOOLS & INSTRUMENTS by WORTHINGTON INDUSTRIES are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: general tools & instruments

Acquirer: worthington industries