Hydraulic Technologies Makes Strategic Investment in Hydra-Slide
Deal News | Dec 05, 2024 | Wynnchurch Capital
Hydraulic Technologies (HT), a prominent player in high-pressure hydraulic tools and a portfolio company of Wynnchurch Capital, has announced its strategic growth investment in Hydra-Slide, a Canadian manufacturer known for skidding and hydraulic systems. The collaboration is expected to enhance Hydra-Slide's legacy in engineered heavy-lift and skidding solutions, aligning with HT's mission-critical applications in various industries. With HT's extensive resources and technical expertise, Hydra-Slide aims to become a comprehensive service provider for heavy-lift needs. HT, headquartered in Rockford, Illinois, serves critical applications across multiple sectors, while its parent company, Wynnchurch Capital, operates from Rosemont, Illinois, and focuses on middle-market growth opportunities. With $9.2 billion in assets, Wynnchurch Capital is a leader in recapitalizations and growth capital investments.
Sectors
- Manufacturing
- Private Equity
- Transportation and Infrastructure
Geography
- United States – Hydraulic Technologies is based in Rockford, Illinois, and Wynnchurch Capital is headquartered in Rosemont, Illinois.
- Canada – Hydra-Slide is a Canada-based company, indicating the geographical relevance of Canada in the investment.
Industry
- Manufacturing – The article discusses companies like Hydraulic Technologies and Hydra-Slide, which are involved in the manufacturing of hydraulic tools and heavy-lift equipment.
- Private Equity – Wynnchurch Capital, a private equity firm, owns Hydraulic Technologies, indicating private equity involvement in the strategic investment.
- Transportation and Infrastructure – Hydra-Slide manufactures equipment for infrastructure and transportation applications, making this sector relevant.
Financials
- $9.2 billion – The amount of regulatory assets under management by Wynnchurch Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hydraulic Technologies | Investor | Company | A market leader in high-pressure hydraulic tools, and portfolio company of Wynnchurch Capital. |
| Hydra-Slide | Target Company | Company | A Canada-based manufacturer of skidding and hydraulic systems. |
| Wynnchurch Capital | Private Equity Firm | Company | A leading middle-market private equity firm based in Rosemont, Illinois. |
| Aaron Sztuk | President of Hydraulic Technologies | Person | Responsible for announcing the partnership with Hydra-Slide. |
| Mark Cleland | President of Hydra-Slide | Person | Involved in the strategic partnership with Hydraulic Technologies. |