Apex Tool Group

Apex Tool Group
TypeLimited Liability Company
IndustryManufacturing
Founded2010; 16 years ago (2010)
HeadquartersSparks, Maryland, U.S.
ProductsHand tools and power tools
Revenue$1.6B
OwnerBain Capital
Number of employees
8,000
Websitewww.apextoolgroup.com
Electronics solder wire by Apex Tool Group's brand Weller.

Apex Tool Group is an American supplier of hand tools and power tools founded in 2010. It was formed as a joint venture of Cooper Industries and Danaher by the merger of Cooper Tools and Danaher's Tools and Components segment. In October 2012, Danaher and Cooper sold Apex to Bain Capital for about $1.6 billion. Apex is headquartered in Sparks, Maryland, and has over 20 factories globally including the United States, Canada, Mexico, Germany, China, and South America.

Hand tool brands

Since 2018, Apex Tool Group has mainly focused on 3 major brands globally: Crescent, Gearwrench and SATA.

Power tool brands

The Apex Tool Group Power Tool Division is headquartered in Lexington, South Carolina. It is made up of the following brands:

References

  1. ↑ Banerjee, Devin (October 10, 2012). "Bain Capital Buys Apex Tool Group for $1.6 Billion". Bloomberg News. Retrieved April 21, 2015.
  2. ↑ "Danaher And Cooper Industries Sell Apex Tool Group To Bain Capital". Industrial Distribution. October 11, 2012. Retrieved December 25, 2023.
  3. ↑ "Cooper Tools Receives Do it Best "Member's Choice" Award". Indianapolis Recorder. January 4, 2010. Retrieved January 16, 2010.
  4. ↑ "Popular Mechanics Recognizes Cooper Hand Tools for Innovative Wrench Design". Tooling Online. October 26, 2006. Retrieved March 1, 2025.
  5. ↑ "Power Tools". Apex Tool Groop.{{cite web}}: CS1 maint: url-status (link)