Midwest Mezzanine's investment in subordinated debt and equity aids Onward Capital in acquiring Century Drill & Tool, leveraging its strong market position to enhance growth opportunities in the power tool accessories industry.

Target Information

Century Drill & Tool, based in Green Bay, Wisconsin, is a prominent distributor of power tool accessories with a rich history that dates back to the mid-20th century. Over the years, the company has built a strong reputation for delivering exceptional service along with high-quality products at competitive prices. This commitment to excellence has garnered respect from both professional tradespeople and DIY enthusiasts.

Century's product offerings are widely available in some of the largest cooperative hardware stores, automotive shops, agricultural retailers, and local hardware outlets across the region. Despite its relatively smaller market presence compared to industry giants such as Stanley Black & Decker, Milwaukee, DeWalt, and Diablo, Century takes pride in consistently providing high-quality tool accessories at value-driven price points.

Industry Overview

The power tool accessories industry in the United States has experienced steady growth over the years, attributed to a robust construction sector and the increasing popu