VICTORY TOOL

Quazar is pleased to announce that Victory Tool, Inc. (“Victory Tool”) has been acquired by an Undisclosed Financial Buyer. Quazar advised Victory Tool in the transaction.

The Shareholders of Victory Tool made a strategic decision to transition the business to new ownership in order to create liquidity for the Shareholders. They chose Quazar as their M&A Adviser primarily due to Quazar’s industry experience, past success working with Victory Tool, extensive network, and reputation for successfully working with privately held businesses in the brokerage marketplace.

Quazar received nationwide interest from strategic buyers and financial buyers. The Shareholders ultimately decided that a local financial buyer with extensive engineering experience would be the best fit to continue to grow the business and create new opportunities for its employees.

“With extensive experience in the tool and die industry, Quazar was a natural fit to help current ownership transition the business. We were very pleased at the process that Quazar ran and are happy with the outcome. Quazar helped us accomplish our dual goals of creating liquidity for the Shareholders while ensuring new ownership would retain all current employees.”   – Bob Lynch, former President of Victory Tool

Victory Tool, Inc. (victorytool.com) primarily engineers and manufactures tooling for the metal stamping industry. The company is based out of Anoka, Minnesota.

Quazar (quazarinc.com) is a Minneapolis-based Investment Bank founded in 1990. Quazar specializes in working with privately-held businesses within various industries, including: manufacturing, distribution, business services, technology, and consumer. Quazar provides both sell-side and buy-side advisory services to companies in the lower middle and middle-market.