General Tools & Instruments Acquired by High Road Capital Partners
General’s CEO and senior management team remain at the company’s helm.
General Tools & Instruments has been acquired by High Road Capital Partners, a private equity firm based in New York City, according to a press release. The deal closed on February 4, 2014. General’s CEO and senior management team remain at the company’s helm.
“General remains focused on providing its customers with feature-rich, value-oriented specialty hand tools and test instruments,” said CEO Joe Ennis. “We look forward to working with High Road and continuing the company’s successful expansion.”