# Z Capital acquires Techniks Tool Group

Z Capital Partners, L.L.C. has acquired Techniks Tool Group, a provider of tool holding and workholding products for CNC machine applications serving industrial end markets.

- Type: Acquisition
- Announced: 2019-02-06
- Where: Indianapolis, Indiana; Rochester, New York, United States
- Status: completed
- Products: tool holding and workholding products for CNC machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Frontline Tooling Solutions](https://endata.com/companies/37329.md)
- [Audax Private Equity](https://endata.com/companies/9109.md) (investor)
- [Z Capital Partners](https://endata.com/companies/22892.md) (acquirer)
- [Techniks Tool Group](https://endata.com/companies/37147.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/z-capital-announces-acquisition-of-techniks-tool-group-300790467.html), 2019-02-06: "TTG is an innovative technology leader with an established track record, and its investments in people, systems and processes are driving significant momentum and positioning the business for long-term success."
- [lincolninternational.com](https://www.lincolninternational.com/transactions/frontline-tooling-solutions-an-audax-private-equity-portfolio-company-has-divested-techniks-tool-group-to-an-affiliate-of-z-capital-partners/), 2019-02-14: "Frontline Tooling Solutions, an Audax Private Equity portfolio company, has divested Techniks Tool Group to an affiliate of Z Capital Partners."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.