DealerShop and Resilience Capital Partners, a Cleveland-based private equity firm, announced Wednesday it has acquired Total Tool, a full-service distributor that sells and services a wide variety of automotive shop equipment in the northeastern United States.
The expertise of market-leading Total Tool builds on DealerShop’s equipment offering by expanding into new products and includes value-added services such as expert installation, preventive maintenance, spare parts, training, and equipment certifications, the company says.
As a result of the acquisition, DealerShop plans to accelerate its automotive equipment sales and service growth in upstate New York, Vermont, Western Massachusetts, and Connecticut.
"The talented and experienced Total Tool team has provided exceptional equipment distribution, maintenance and repair for 40 years,” says Bill Gryzenia, DealerShop president CEO. “We look forward to enhancing our full-service value for all customers by combining Total Tool with DealerShop’s wide array of dealership and collision center offerings.”
"When we were approached by DealerShop, we knew the fit would be ideal for the continued success of our mission after 36 years," adds Lou Spada and Kathy Dederick Spada, owners, Total Tool. "Continuity for our employees and customers was the deciding factor in choosing DealerShop to take our business to the next level of success. We look forward to helping ensure a seamless transition for our longstanding dealership, repair shop, school, and transportation authority customers."
