Generational Group has announced the successful sale of Southern Carbide, Inc, a Louisiana-based industrial tooling company, to Peak Toolworks, a portfolio company of Granite Creek Capital Partners. The transaction was finalized on September 30, 2025. Southern Carbide, headquartered in Shreveport, Louisiana, is a family-owned business specializing in industrial cutting tools, sharpening, and repair services that help extend tool life and reduce manufacturing costs. The company serves industries such as woodworking, sawmills, and general manufacturing, offering services including custom tool design, inventory programs, and scheduled pickup and delivery.
Peak Toolworks, based in Jasper, Indiana, brings more than 80 years of experience in engineered diamond and carbide cutting tools. The company supports customers across woodworking, cabinetry, plastics, composites, metalworking, and related industries, providing both standard and custom tooling solutions. Its certified tool service restores worn tools to near-new condition, helping customers maximize asset value.
Granite Creek Capital Partners, headquartered in Chicago, is a private investment firm focused on lower-middle-market businesses. Founded in 2005, the firm partners closely with management teams, offering capital, strategic guidance, and operational support across sectors including manufacturing, healthcare, agribusiness, and business services.
The acquisition was supported by financing partners Hidden River Strategic Capital, Muzinich & Co., and Canterbury Ventures, LLC. The Generational Group deal team was led by Michael Goss and Cory Strickland, with support from Ryan Johnson, while David Robinson and Mike Moore originated the relationship. Ryan Binkley, CEO of Generational Group, said the transaction reflects the firm’s focus on building lasting partnerships and aligning businesses with owners who share a common growth vision.
Generational Group, headquartered in Dallas, Texas, is a full-service M&A advisory firm with more than 300 professionals across 16 offices. Celebrating its 20th year, the firm has closed over 1,700 transactions and has consistently ranked at the top of league tables for mid-market deals.
