# GWS Tool Group acquires Monster Tool Company

GWS Tool Group acquired Monster Tool Company, a manufacturer and distributor of solid round cutting tools based in Vista, California. The acquisition was announced on July 30, 2021.

- Type: Acquisition
- Announced: 2021-07-30
- Where: Vista, California, United States
- Status: completed
- Products: solid round cutting tools (end mills, drills, burrs, reamers)
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [GWS Tool Group](https://endata.com/companies/17991.md) (acquirer)
- [Monster Tool Company](https://endata.com/companies/57008.md) (target)
- [L Squared Capital Partners](https://endata.com/companies/57013.md) (investor)

## Sources

- [gwstoolgroup.com](https://www.gwstoolgroup.com/gws-tool-group-announces-acquisition-of-monster-tool-company/), 2021-08-10: "Monster Tool is a best-in-class cutting tool company with a tremendous reputation for producing quality performance cutting tools and delivering them to their customers with the utmost speed and ease."
- [business.thepilotnews.com](https://business.thepilotnews.com/thepilotnews/article/bizwire-2021-8-10-l-squared-continues-consolidation-of-the-cutting-tools-sector-completes-seventh-acquisition-in-less-than-two-years), 2021-08-10: "The Monster acquisition strengthens the breadth of our offering and geographical footprint to service the needs of any customer in any region of the country."

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