It was formed as a joint venture of Cooper Industries and Danaher by the merger of Cooper Tools and Danaher's Tools and Components segment.

In October 2012, Danaher and Cooper sold Apex to Bain Capital for about $1.6 billion.

[1][2] Apex is headquartered in Sparks, Maryland, and has over 20 factories globally including the United States, Canada, Mexico, Germany, China, and South America.

For Hand Tool portfolio, since 2018, Company has decided to focus 3 major brands such as Crescent, Gearwrench and SATA globally.

The Apex Tool Group Power Tool Division is headquartered in Lexington, South Carolina.