CGI Tool

Indianapolis, United States Founded: 1958 • Age: 68 yrs Acquired By GWS Tool Group
Spare parts and custom tools are manufactured for industrial sectors.

About CGI Tool

CGI Tools was established in 1958 in Indianapolis, United States, where spare parts and precision tools are produced for automotive, medical, aeronautics, and engineering industries. Operations encompass custom threading, grooving, and turning tools, along with carbide grades and coating options. Capabilities include PCD-tipped inserts, high-performance CBN inserts, custom shapes, and insert downsizing to meet specific requirements.

  • Headquarter Indianapolis, United States
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  • Website cginserts.com
  • Social LinkedIn X Facebook
  • Acquired by GWS Tool Group (Nov 2017)
Key Metrics

Funding Insights of CGI Tool

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of CGI Tool with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2017–Private Equity Round––
Valuation history

2 investors in total: 2 institutional.

Investors in CGI Tool

CGI Tool has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include GWS Tool Group and Addison Capital Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Addison Capital Partners is engaged in private equity investments.
–addisoncapitalpartners.comWest Palm Beach, United States
Manufacturer of ball nose, aircraft drills, armory, and other fabricated metal products
2010gwstoolgroup.comTavares, United States
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Investor details for CGI Tool

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

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Timeline of CGI Tool

3 dated milestones of CGI Tool across 59 years, from founding to its latest funding, stage changes and deals.

  1. Founded CGI Tool is founded.
  2. Exit Acquired by GWS Tool Group.
  3. Funding First funding round.
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Frequently Asked Questions about CGI Tool

CGI Tool was founded in 1958 and raised its 1st funding round 59 years after it was founded.

CGI Tool is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.

CGI Tools was established in 1958 in Indianapolis, United States, where spare parts and precision tools are produced for automotive, medical, aeronautics, and engineering industries. Operations encompass custom threading, grooving, and turning tools, along with carbide grades and coating options. Capabilities include PCD-tipped inserts, high-performance CBN inserts, custom shapes, and insert downsizing to meet specific requirements.

CGI Tool has 2 investors. Key investors include GWS Tool Group, and Addison Capital Partners.

Yes. CGI Tool was acquired by GWS Tool Group in November 2017.

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