Benzinga | Feb 3, 2021 09:08AM EST

High Road Capital Partners Sells Portfolio Company General Tools & Instruments To Worthington Industries For $115M

NEW YORK, Feb. 3, 2021 /PRNewswire/ -- High Road Capital Partners (www.highroadcap.com) announced the sale of its portfolio company GTI Holding Company, the parent company of General Tools and Instruments, LLC ("General Tools") (www.generaltools.com), to Worthington Industries, Inc. (NYSE:WOR), for $115,000,000. The sale, which closed on January 29, 2021, marks the third exit for High Road Capital Partners Fund II.