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Generational Group Advises Premier Southern Carbide, Inc. in its Sale to Peak Toolworks, a Portfolio Company of Granite Creek Capital Partners
Businesswireยท 2025-11-18 17:55
Core Insights - Generational Group has successfully facilitated the sale of Southern Carbide, Inc. to Peak Toolworks, a company under Granite Creek Capital Partners, with the transaction closing on September 30, 2025 [1][5]. Company Overview - Southern Carbide, Inc. is a family-owned business based in Shreveport, Louisiana, specializing in industrial cutting tools, sharpening, and repair services aimed at extending tool life and reducing production costs. The company serves various industries, including woodworking and manufacturing, and offers services such as custom tool design and inventory management [2]. - Peak Toolworks, headquartered in Jasper, Indiana, is a prominent manufacturer of engineered diamond and carbide cutting tools with over 80 years of experience. Their product range includes high-performance blades and tooling solutions for multiple sectors, including woodworking and metalworking [3]. - Granite Creek Capital Partners, located in Chicago, Illinois, is a private investment firm that focuses on lower-middle-market companies, providing capital and strategic guidance across various sectors, including manufacturing and healthcare [4]. Transaction Details - The acquisition of Southern Carbide, Inc. by Peak Toolworks was supported by financing partners including Hidden River Strategic Capital, Muzinich & Co., and Canterbury Ventures, LLC [5]. - The deal was led by Generational Group's M&A team, including Michael Goss, Cory Strickland, and Ryan Johnson, who played key roles in closing the transaction [6]. Strategic Implications - Ryan Binkley, CEO of Generational Group, emphasized that the transaction reflects a commitment to partnerships that foster growth and shared vision among the involved parties [7].