Northern Tool + Equipment reported that it has acquired Jacks Small Engines.
Based in Jarretsville, Md., Jacks Small Engines is a second-generation, family-owned company that is an online retailer of replacement parts for all major brands of engines, tools, and power equipment.
In announcing the deal, Northern Tool said the move reinforces its focus on driving growth while serving hard-working trades professionals and serious DIYers. Financial terms of the acquisition, which closed on March 31, were not disclosed.
“Jacks is the absolute e-commerce leader in the parts space, and bringing them into the Northern Tool family will significantly bolster our existing parts and service offering, both online and through our retail stores,” said Suresh Krishna, president and CEO, Northern Tool + Equipment. “We have long admired the Jacks brand position, customer loyalty and digital platform. Plus, Jacks’ family-run roots mirror our company’s values, and these factors make this partnership a natural fit.”
Krishna also noted that Northern Tool + Equipment is continually looking to better serve its customers as shopping needs evolve, whether that means adding to its array of products and services, or innovating and advancing the company’s touchpoints and transactions with customers to further elevate the online and in-store retail experience.