Tagged: Years

L Squared Continues Consolidation of the Cutting Tools Sector, Completes Seventh Acquisition in Less than Two Years | Business

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Aug 10, 2021–

L Squared Capital Partners (“L Squared”) is pleased to announce that its portfolio company, GWS Tool Group (“GWS” or the “Company”), has acquired Monster Tool Company located in Vista, CA (“Monster”). Monster is the fourth acquisition in 2021 for GWS and the seventh add-on acquisition since L Squared’s platform investment in GWS in September 2019.

Monster Tool is a recognized leader in the manufacturing and distribution of solid round consumable cutting tools with a commitment to innovation and excellence. Second-generation and family owned, Monster operates out of a 40,000 square feet facility in southern

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Global Physical Vapor Deposition Market to Witness Significant Growth in Coming Years says P&S Intelligence

NEW YORK, Aug. 5, 2021 /PRNewswire/ — The burgeoning requirement for the physical vapor deposition (PVD) technology in cutting tools, automotive and aerospace components, and dies and molds for processing materials is propelling the expansion of the PVD market. Furthermore, the extensive use of semiconductors in various customer products and soaring requirement for solar energy are fueling the growth. Because of these factors, the physical vapor deposition market generated revenue of ~$19.5 billion in 2020, and it is predicted to demonstrate rapid expansion during 2021–2030, according to P&S Intelligence.

The imposition of lockdowns in several countries has negatively impacted

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