GenNx360 Capital Partners Announces Transaction with Tooling Technology Holdings, LLC
Summary
Terms of the transaction were not disclosed.Tooling Tech has experienced significant growth and has identified the opportunity to expand its services and capabilities in both its existing markets and adjacent sectors. Its significant experience in growing companies, its industry relationships and deep operational expertise will help us immensely in our continued growth efforts," said Tooling Techs Founder and CEO, Tony Seger. He added, "With its multiple processing capabilities, excellent track record and customer responsiveness, Tooling Tech is well positioned to benefit from continuing market demand. "GenNx360 Capital Partners is a private equity firm focused on investing in industrial manufacturing and business services companies in the middle market. The firm primarily focuses on opportunities in the industrial machinery and components, oil and gas, logistics and supply chain management, agricultural, specialty chemicals, and aerospace sectors.