CenterGate Capital Invests in Spartaco Tool Group for Growth

CenterGate Capital, a private equity firm headquartered in Austin, Texas, announces a new investment in Spartaco Tool Group, a prominent manufacturer of professional-grade tools. Spartaco, based in Clover, South Carolina, owns a portfolio of brands including Jameson Tools, Huskie Tools, RONIN, Jameson Tactical Lighting, Tiiger, and Bulldog Bender. The deal value has not been disclosed.

Spartaco’s product range includes cable cutting and crimping tools, layup tools, pruners, underground tools, aerial cable construction equipment, power ascenders, utility pole pullers, and specialty lighting solutions. These products serve critical workflows in utility, telecommunications, arborist, military, government, and industrial markets.

Nick Skrobot, Spartaco’s CEO, will continue to lead the company following the investment. He states, “We are very excited to partner with CenterGate for our next phase of growth. CenterGate’s investment will provide us the capital and strategic resources to continue our growth trajectory while providing the safest, highest-quality tools that line workers and technicians depend on every day.”

Michael Smith, Managing Director at CenterGate Capital, adds, “Nick and his team have built Spartaco into a premium brand for professional-grade tools both in the U.S. and internationally. We are proud to partner with Nick and the Spartaco team to support the execution of their growth plan and ongoing investment in grid infrastructure by Spartaco’s customers.”

Formed in 2017 through the merger of Jameson Tools (established 1956) and Huskie Tools (established 1976), Spartaco has grown into a global leader in professional tools. The company focuses on innovation and quality to meet the evolving needs of professional users across multiple sectors.

CenterGate Capital manages over $750 million in assets and specializes in partnering with middle-market companies to accelerate growth. The firm combines transactional expertise with operational resources to help portfolio companies scale and unlock value.

The strategic rationale behind this investment centers on leveraging CenterGate’s capital and operational capabilities to expand Spartaco’s geographic footprint and product portfolio. The partnership aims to enhance research and development, streamline manufacturing and distribution, and improve customer service infrastructure.

Industry trends show increasing demand for high-quality, durable tools in utility and industrial sectors, driven by infrastructure upgrades and technological advancements. Spartaco’s broad product suite and premium brand position it well to capitalize on these trends.

Financial terms of the deal remain undisclosed. However, the investment is expected to support organic growth initiatives and potential acquisitions, while driving operational efficiencies through consolidated procurement and shared resources.

Looking ahead, Spartaco plans to integrate CenterGate’s strategic support to accelerate product innovation and expand into adjacent markets such as military and government sectors. The companies will focus on aligning legacy brands and optimizing supply chains to ensure seamless operations.

This partnership marks a significant step for Spartaco as it strengthens its market position and prepares for future growth opportunities in a competitive landscape.