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BlackArch Partners Advises L Squared Capital Partners on Sale of GWS Tool Group to Sandvik

BlackArch Partners LLC is pleased to announce that GWS Tool Group, a portfolio company of L Squared Capital Partners, has been acquired by Sandvik.

CHARLOTTE, NC (March 15, 2022) – BlackArch Partners LLC (“BlackArch”) is pleased to announce that GWS Tool Group (“GWS” or the “Company”), a portfolio company of L Squared Capital Partners (“L Squared”), has been acquired by Sandvik. GWS will be reported in Walter, a division within the business area Sandvik Manufacturing and Machining Solutions.

Headquartered in Tavares, FL, GWS is a vertically integrated manufacturer of highly engineered custom, standard and modified standard cutting tools.

BlackArch was retained by GWS’ management team and L Squared to serve as the Company’s financial advisor.

About GWS Tool Group

GWS Tool Group is a U.S.-based, vertically integrated manufacturer of highly engineered custom, standard, and modified standard cutting tools, primarily servicing the aerospace, general engineering, and automotive sectors. GWS has acquired multiple businesses in the course of its growth which now serve as the respective manufacturing divisions for the Company.

About L Squared Capital Partners

L Squared Capital Partners is an investment firm headquartered in Newport Beach, CA, that seeks to make long-term investments in leading growth companies that operate in targeted sectors: Education Technology, Tech-Enabled Services & Software, and Industrial Technology & Services. L Squared’s unique investor base of family offices enables it to focus on long-term value creation driven by revenue and earnings growth, not financial engineering or market timing. The principals of L Squared have worked together for over a decade and have over 100 years of combined experience investing in growing private companies. For more information, visit www.LSquaredCap.com.

About Walter

Walter was founded in 1919 and is now one of the world’s leading metalworking companies. As a provider of specialized machining solutions, Walter offers a wide range of precision tools for milling, turning, drilling and threading applications. Walter works together with its customers to develop customized machining component solutions for use in the aviation and aerospace industries, as well as automotive, energy, and general engineering. Demonstrating its Engineering Kompetenz at every stage of the machining process, Walter is an innovative partner capable of creating digital process solutions for optimal efficiency. With around 3,300 employees worldwide, together with its numerous subsidiaries and sales partners, Walter serves customers in over 80 different countries.

About BlackArch Partners

BlackArch Partners is a leading middle-market investment bank offering a full spectrum of advisory services to financial sponsors, private companies and diversified corporations. BlackArch addresses the needs of companies with specialized services that include M&A advisory, strategic advisory and private capital solutions. Headquartered in Charlotte, NC, BlackArch features a total of 12 industry-focused practices that cover all sectors of interest to middle-market investors. BlackArch professionals have closed more than
350 transactions in 16 countries on 4 continents. For more information, visit www.blackarchpartners.com.

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