Bain Capital Partners is to acquire tools manufacturer Apex Tool Group from Danaher Corporation and Cooper Industries. The transaction is valued at approximately $1.6 billion. Additional terms of the deal were not disclosed.
PRESS RELEASE
Bain Capital Partners LLC, a leading global private investment firm, today announced it has signed a definitive agreement to acquire Apex Tool Group (“Apex”), a leading tools manufacturer, from Danaher Corporation (NYSE:DHR) and Cooper Industries (NYSE:CBE).
