|By PR Newswire||
|September 4, 2014 10:05 AM EDT||
TAVARES, Fla., Sept. 4, 2014 /PRNewswire-iReach/ -- Addison Capital Partners ("ACP"), in partnership with the management team of G.W. Schultz Tool, Inc. ("GWS" or the "Company"), is pleased to announce the completion of the recapitalization of the Company.
"This transaction strongly positions G.W. Schultz Tool's success for the next level of growth by adding complementary partners to our organization. Specifically, this recapitalization allocates resources to GWS that we deemed critical in order to optimize the future trajectory within our key markets where we've seen sustained growth", said GWS CEO, Greg W. Schultz.
"GWS is an innovative and well positioned supplier to multinational corporations in the power generation, defense, aerospace and medical device verticals," said Brian Miller, Founding Partner at Addison Capital Partners. "And Addison Capital is excited to partner with GWS to support the growth of the greater enterprise."
About G.W. Schultz Tool
G.W. Schultz Tool is a vertically integrated designer and manufacturer of highly engineered custom, standard and modified standard carbide cutting tools. GWS is AS9100 certified and specializes in high performance custom carbide end mills, in addition to offering a standard line of tools, custom etching, coatings, and re-grinding services. GWS distinguishes itself in the marketplace by maintaining the highest quality standards and manufacturing excellence, quick turn-around times, consistent innovation and the ability to provide custom engineering for application specific solutions. GWS services customers primarily in the defense, aerospace, power generation, and medical device sectors. For more information, please visit www.gwschultz.com.
About Addison Capital Partners
Addison Capital Partners is a private equity investment firm that seeks out partnerships with owners and operators of "smaller" middle market growth companies, often that are closely held or family owned businesses, to provide legacy stewardship, liquidity, growth capital and management resources to grow and build exceptional enterprises. For more information, please visit www.addisoncapitalpartners.com.
For more information please contact Adam Lafferty at G.W. Schultz Tool, [email protected], phone +1 407.405.5824.
Media Contact: Adam Lafferty, G.W. Schultz Tool, 407.405.5824, [email protected]
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE G.W. Schultz Tool
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
May. 5, 2015 03:00 PM EDT Reads: 764
Artifactory binary repository management system. As one of the most widely used binary repositories and the only repository that offers a high availability clustered solution, the integration with Artifactory helps customers easily adopt CA Release Automation to optimize their entire software development lifecycle. “Artifactory is a standard maker at the continuous-integration domain and provides the user a powerful repository experience with the freedom to choose his own tools set and ecosyste...
May. 5, 2015 02:53 PM EDT Reads: 122
The OnPage SOAP API provides programmatic access to OnPage messaging services. Typical applications include sending messages to individual OnPage users or groups and receiving tracking information for messages such as delivery and read timestamps or reply information. The API is based on open standards known collectively as "Web Services," which includes the Simple Object Access Protocol (SOAP), Web Services Definition Language (WSDL), and the XML Schema Definition language (XSD).
May. 5, 2015 02:37 PM EDT Reads: 164
SYS-CON Events announced today the DevOps Foundation Certification Course, being held June ?, 2015, in conjunction with DevOps Summit and 16th Cloud Expo at the Javits Center in New York City, NY. This sixteen (16) hour course provides an introduction to DevOps – the cultural and professional movement that stresses communication, collaboration, integration and automation in order to improve the flow of work between software developers and IT operations professionals. Improved workflows will res...
May. 5, 2015 02:30 PM EDT Reads: 3,362
May. 5, 2015 02:15 PM EDT Reads: 5,286
May. 5, 2015 02:00 PM EDT Reads: 342
May. 5, 2015 02:00 PM EDT Reads: 1,096
May. 5, 2015 01:15 PM EDT Reads: 1,231
May. 5, 2015 12:15 PM EDT Reads: 654
May. 5, 2015 12:00 PM EDT Reads: 5,122
May. 5, 2015 12:00 PM EDT Reads: 4,464
May. 5, 2015 11:45 AM EDT Reads: 1,141
May. 5, 2015 11:00 AM EDT Reads: 4,369
May. 5, 2015 11:00 AM EDT Reads: 5,779
May. 5, 2015 11:00 AM EDT Reads: 3,898