General Tools

Secaucus, United States Founded: 1992 • Age: 34 yrs Acquired By Worthington Industries
Precision measuring and inspection tools are designed and manufactured.

About General Tools

General Tools is a company based in Secaucus (United States) founded in 1992 was acquired by Worthington Industries in February 2021.. The company has 49 employees as of December 31, 2022. General Tools has completed 2 acquisitions, including Garden Weasel and PacTool.

  • Headquarter Secaucus, United States
  • Employees 49 as on 31 Dec, 2022
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Operational Areas
Key Metrics
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Funding Insights of General Tools

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in General Tools

General Tools has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Worthington Industries and High Road Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

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Institutional
Investor Description Founded Year Domain Location
Building products, consumer goods, and sustainable energy solutions are manufactured.
Founded Year Domain Location
High Road Capital Partners is engaged in private equity investments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by General Tools

General Tools has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Garden Weasel and PacTool. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Siding, cutting, and roofing tools services are provided by PacTool.
1994
Multi-use garden tools are manufactured for efficiency and productivity.
1975
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - General Tools

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

General Tools Comparisons

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Competitors of General Tools

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on General Tools

Frequently Asked Questions about General Tools

When was General Tools founded?

General Tools was founded in 1992.

Where is General Tools located?

General Tools is headquartered in Secaucus, United States. It is registered at Secaucus, New Jersey, United States.

How many employees does General Tools have?

As of Dec 31, 2022, the latest employee count at General Tools is 49.

What does General Tools do?

General Tools was founded in 1992 and is headquartered in Secaucus, United States. Precision measuring and inspection tools and instruments are designed and manufactured by the company for industrial and professional applications. Operations encompass the development of durable, accurate devices used in sectors such as manufacturing, construction, and engineering. Products are distributed domestically and internationally to meet demands for reliable measurement solutions.

How many acquisitions has General Tools made?

General Tools has made 2 acquisitions, including Garden Weasel, and PacTool.

Who are General Tools's investors?

General Tools has 2 investors. Key investors include Worthington Industries, and High Road Capital Partners.

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