Rhino Tool House Acquires UWBA Design
December 16, 2024CONCORD, NC – Rhino Tool House, a leading value-added provider of intelligent fastening solutions, customized material handling solutions, automation and services to OEMs, announced that it has acquired UWBA Design (“UWBA”). Based in Columbus, Indiana, UWBA is a service-based automation controls company serving a diverse client base across a wide range of end markets. The acquisition of UWBA allows Rhino Tool House to expand its controls and programming capabilities and strengthens its automation offerings.
“We are delighted to welcome UWBA to the Rhino Tool House family,” said Dan Brooks, CEO of Rhino Tool House. “With this acquisition we anticipate a great future with our combined teams and a near-immediate benefit impact experienced by our customers.”
“We are thrilled to partner with Rhino Tool House team,” said UWBA co-owner Scott Nolan. “By leveraging Rhino Tool House’s extensive resources, we will continue creating significant value for our customers,” added Uwe Banaschak, UWBA founder and co-owner.
Eric Hansen, Partner at Blue Sea Capital, added, “We are excited to add UWBA to the Rhino Tool House platform. UWBA represents a critical addition to Rhino Tool House’s automation offering and marks the fifth strategic acquisition completed during Blue Sea Capital’s partnership with the Company.”
About Rhino Tool House
Rhino Tool House (www.rhinotoolhouse.com) is a leading value-added distributor of intelligent fastening solutions, customized material handling solutions, automation and calibration services to OEMs across a wide range of end markets. The Company provides superior services, local expertise and a high degree of responsiveness to empower its customers to be more productive, build better quality products and maintain safe environments for their employees. The Company is headquartered in Concord, North Carolina and employs over 300 full-time employees across fifteen facilities. Rhino Tool House and Blue Sea Capital partnered in 2023 and have subsequently completed five add-on acquisitions for the platform.
Blue Sea Capital is a private equity firm based in West Palm Beach, Florida that invests in growth-oriented lower middle market companies valued up to $300 million. The firm has over $1.4 billion in assets under management and invests across three industry verticals: aerospace & defense, healthcare and industrial growth. Blue Sea Capital’s strategy is to partner with talented leaders and differentiated companies, typically as the first or second institutional investor, and deliver strategic and operational value-add that drives growth acceleration, industry outperformance and business transformation.
