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Add-on acquisition · Closed Jan 2019

DiversiTech acquires HVACR hand-tool maker Stride Tool LLC

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Relationship map for DiversiTech acquires HVACR hand-tool maker Stride Tool LLCparent ofDiversiTech: PlatformDIDiversiTechStride Tool LLC: Operating CompanySTStride Tool LLC
Operating CompanyPlatform

Parties

Acquirer
DiversiTech
Platform
Target
Stride Tool LLC
Operating Company

Summary

DiversiTech Corp. announced at the AHR Expo that it acquired Stride Tool LLC, a Glenwillow, Ohio OEM of American-made specialty hand tools (brands include Imperial, Milbar, Lakeland Products, Bright Solutions), forming the DiversiTech Tool Group led by Stride's former president.