PTSolutions - About the company
PTSolutions is an acquired company based in Novi (United States), founded in 1951. It operates as an Online distributors of industrial tools & equipment. The company has 450 active competitors, including 5 funded and 62 that have exited. Its top competitors include companies like Grainger, McMaster-Carr and VEVOR.
Company Details
Online distributors of industrial tools & equipment. It provides a platform to buy products like turning & milling tools, hole making & threading tools, saws, power & hand tools, clamping & work holding equipment, fasteners, abrasives & finishing, HVAC, health & safety equipment, material handling & storage equipment, etc.
- Website
- www.pts-tools.com/
- Email ID
- *****@pts-tools.com
Key Metrics
Founded Year
1951
Location
Novi, United States
Stage
Acquired
Ranked
31st among 450 active competitors
Employee Count
422 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Berkshire Hathaway (Feb 05, 2018)
PTSolutions's acquisition details
PTSolutions got acquired by Berkshire Hathaway on Feb 05, 2018.
Click here to take a look at PTSolutions's acquisition in detail
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PTSolutions's funding and investors
PTSolutions has not raised any funding rounds yet.
PTSolutions' founders and board of directors
Founder? Claim ProfilePTSolutions' employee count trend
PTSolutions has 422 employees as of Aug 26. Here is PTSolutions's employee count trend over the years:
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PTSolutions's Competitors and alternates
Top competitors of PTSolutions include Grainger, McMaster-Carr and VEVOR. Here is the list of Top 10 competitors of PTSolutions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Grainger 1927, Savannah (United States), Public | Distributor of industrial maintenance, repair and operating supplies and services | - | 63/100 | |
2nd | McMaster-Carr 1901, Elmhurst (United States), Funding Raised | Industrial supplier offering a vast catalog of parts and supplies | - | 56/100 | |
3rd | VEVOR 2007, Los Angeles (United States), Funding Raised | Online distributor of tools & equipment | - | 55/100 | |
4th | HD Supply Holdings 2007, Atlanta (United States), Acquired | E-distributor of industrial products | - | 55/100 | |
5th | Ergodyne 1983, Saint Paul (United States), Acquired | Online distributor of industrial safety tools & equipment | - | - | 55/100 |
6th | B2B company offering diversified equipment and tools | - | 55/100 | ||
7th | Global Industrial 1949, Nassau (United States), Public | Distributor of Material Handling Equipment & Storage Solution | - | - | 54/100 |
8th | Fastenal 1967, Winona (United States), Public | Distributor of industrial and construction supplies, fasteners, and inventory management solutions | - | 54/100 | |
9th | Voomi Supply 2019, Dresher (United States), Series A | Provider of HVAC systems, plumbing supplies, and parts through an online platform | $11M | 53/100 | |
10th | Johnstone Supply 1953, Portland (United States), Acquired | E-distribution platform offering products for industries | - | - | 51/100 |
31st | PTSolutions 1951, Novi (United States), Acquired | Online distributors of industrial tools & equipment | - | - | 38/100 |
Looking for more details on PTSolutions's competitors? Click here to see the top ones
PTSolutions's Investments and acquisitions
PTSolutions has acquired Machinery Factory. PTSolutions has not made any investments as of now.Reports related to PTSolutions
Here is the latest report on PTSolutions's sector:
News related to PTSolutions
•
PTSolutions and NTMA form exclusive metalworking partnership creating exciting benefits for the NTMA membersPRWeb•May 21, 2024•PTSolutions, Ntma
•
DGI Supply to Acquire Production Tool & Supply of RockfordModern Distribution Management•Jun 01, 2020•DGI Supply, PTSolutions
•
DGI Supply Set to Acquire Production Tool & SupplyMetal Center News Magazine & Metalcenternews•May 28, 2020•DGI Supply, PTSolutions
•
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