Hydroflex Powers Up Dastex Group's Portfolio Through Riverside Acquisition

The Riverside Company, a prominent global investment firm specializing in smaller middle-market investments, has cemented its relationship with its portfolio company, Dastex Group, by signing a definitive agreement to acquire Hydroflex. Hydroflex, a German developer and supplier of cleanroom cleaning systems, has an extensive history and specializes in providing various products like mops, wipes, and goggles under its own brand. This strategic acquisition is the sixth add-on to Dastex Group within a short span, illustrating Riverside’s aggressive expansion strategy for the company in niche markets. The transaction is slated for closure in May and promises to bolster Dastex’s proprietary product line significantly. The founders of Hydroflex, alongside key leaders at Riverside, have expressed optimism regarding this merger, underscoring the innovative synergies and international market expansion potential. By integrating Hydroflex, Dastex aims to enhance its innovation leadership and customer reach within the contamination control sector, especially within life sciences and other high-tech industries. The move aligns with Riverside’s strategic global approach to leverage local business practices for growth.