Jasper, Indiana – Quintec, the tooling platform company owned by Tenex Capital Management, announced the completion of the acquisition of BC Saw Toronto, Canada by its Nap Gladu subsidiary. BC Saw, located in Toronto, Ont., has been specializing in the sale and service of carbide saws, routers, insert tooling, diamond tooling, metal saws and custom tooling since 1966. Nap Gladu currently operates a tooling service centre located in Mississauga, Ont., that will be merged with BC Saw.
Co-owner of BC Saw, Doug Reid commented, “BC Saw has developed a very strong core business in the Ontario market that will benefit from greater product offering, advanced custom tool design capabilities and investment support provided by Nap Gladu.”
Brad Stack, President of Nap Gladu, stated, “We are very excited about the addition of BC Saw to the Nap Gladu network of tool manufacturing and service operations in North America. Both companies serve a large base of premier customers in the woodworking and metalworking industries and our combined expertise will create exceptional value for our expanding customer base.”