Generational Equity Advises L.A. Tool & Supply in its Sale to BlackHawk Industrial Supply

By Generational Equity


Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client L.A. Tool & Supply Co. to BlackHawk Industrial Supply. The transaction closed November 3, 2022.

Located in Akron, Ohio, L.A. Tool & Supply (LAT) is a wholesale distributor of cutting tools and accessories primarily used in the manufacturing sector. These products include inserts, E mills, taps, drills, boring, and milling products. The Company offers in excess of 40,000 SKUs from over 100 leading brands in the industry. Moreover, LAT is an authorized dealer for blue-chip companies such as Walter USA, Sumitomo, Guhring, Emuge, and CGC Tools.

BlackHawk Industrial Supply (BIS), located in Tulsa, Oklahoma, provides the highest quality industrial products and equipment, offering manufacturing services while creating innovative engineered supply solutions. BIS believes in the importance of the local relationships with the customers they service. Their employees have fun every day exceeding the expectations of their customers, suppliers, and shareholders.

Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, James Branson, with the support of Vice President, M&A, Lance Thomasson, successfully closed the deal. Executive Managing Director and Group Leader Randy Kamin established the original relationship with LAT.

“The addition of L.A. Tool & Supply to the BlackHawk Industrial organization filled some geographical and sales relationship needs that were quickly recognized by all parties. Generational Equity’s thorough marketing process, employed for all its clients, again confirmed why our M&A rankings consistently are at the top of all advisory groups in the middle market,” said Branson.

About Generational

Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.

With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.

The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit