BIRMINGHAM, MI – Colfax Creek Capital, in partnership with management, acquired Dial Tool Industries (Dial Tool) from its founding family.

Based in Addison, Illinois, Dial Tool is a full-service provider in the manufacturing industry, offering metal stampings, injection and insert molding, and assembly.  Dial Tool can provide turn-key solutions from prototype through production, a business paradigm which increases customer satisfaction, reduces client supply base, and increases efficiencies. 

“Dial Tool is recognized as an industry leader in its field and has developed solid, long-lasting relationships with its customers,” said Jason Duzan of Colfax Creek.  “With its strong family culture, Dial Tool has crafted a unique niche of producing small part stampings and insert molding in the Midwest.  The Pagliuzza family was a pleasure to work with, and we look forward to continuing Dial Tool’s prosperity with the business’s next generation of leadership.”

Steve and Mario Pagliuzza of Dial Tool, remarked, “Dial Tool Industries has been a family-owned organization for over 68 years.  When choosing a buyer to carry on our legacy, we wanted to find a buyer that would meet our principles, employee concerns, customer relations, growth, and management style.  After interviewing many firms, we concluded Colfax Creek was a great fit.  Jason’s business expertise, philosophy, and professionalism met our criteria.  We are pleased and proud to have selected him.” 

About Colfax Creek Capital

Colfax Creek is a private investment firm that takes a long-term approach to invest in smaller middle-market companies.  The firm invests in consumer product, service, and industrial companies in the Great Lake States.  The key to Colfax Creek’s investment success is to combine its investing expertise in collaboration with operating executives to build businesses for the long term.  Colfax Creek is based in Birmingham, MI.  For more information, visit www.colfaxcreek.com.

About Dial Tool Industries

Founded in 1955, Dial Tool Industries (Dial Tool) is a full-service provider in the manufacturing industry, including metal stampings, injection and insert molding, and assembly.  We can provide turn-key solutions from prototype through production to meet the demands of automotive.  This unique paradigm increases customer satisfaction, reduces supply base, and increases efficiencies.  Dial Tool is located in Addison, Illinois, and is ISO 9001:2015 and IATF 16949:2016 compliant.  For more information, visit www.dialtool.com.