Specialty Tools Acquires Hisco Professional Tools

Specialty Tools Inc. (STI) has acquired Hisco Professional Tools. The Oklahoma City, Okla.-based company manufactures fiberglass-handled digging and cleaning tools for the professional market. Hisco Professional Tools was founded in 1978, and the previous owner, Mark Pierce, has grown Hisco into a market leader focused on quality and product innovation. Along with Hisco, its recent acquisition of Nupla Corp will make it a dominant force in the professional tool industry, STI said.

OKLAHOMA CITY — Specialty Tools Inc. (STI) has acquired Hisco Professional Tools. The Oklahoma City, Okla.-based company manufactures fiberglass-handled digging and cleaning tools for the professional market.

Hisco Professional Tools was founded in 1978, and the previous owner, Mark Pierce, has grown Hisco into a market leader focused on quality and product innovation.

Ron Ortiz, CEO of STI, stated, “Hisco is a perfect fit for STI. We look for only the highest quality tool companies with dedicated professional management to be part of our portfolio. Mark has done a great job to position Hisco as a market force.”

Along with Hisco, its recent acquisition of Nupla Corp will make it a dominant force in the professional tool industry, STI said. Nupla is a manufacturer of premium, high-grade, fiberglass striking and digging tools for the professional user. The acquisitions of Nupla and Hisco will position STI for future growth and prolonged success.

In order to continue its growth, Reliant Equity Investors and Specialty Tools are seeking add-on acquisitions in the professional tools space.