Triad Technologies Acquires Industrial Service Products, LLC

Shorehill Capital Acquires Ownership Interest in Triad Technologies, LLC

November 7, 2019

Industrial Services

Shorehill Capital acquired an ownership interest in Triad Technologies, LLC in partnership with Triad's management team and the Wissman family. The Wissman family retained a significant ownership stake and Doug Wissman will join the company's board; Twin Brook Capital Partners and Maranon Capital provided financing. Triad is a Vandalia, Ohio-based value-added distributor of industrial fluid power and automation solutions, serving more than 7,000 active customers across 21 locations.

Triad Technologies Acquires Tech-Syn Corporation

September 26, 2023

Industrial Services

Triad Technologies, LLC completed the acquisition of Tech-Syn Corporation (effective March 31, 2023), expanding Triad's product offering and Midwest footprint. The transaction, executed by Vandalia, Ohio-based Triad (which is PE-backed by Shorehill Capital LLC), adds Tech-Syn's value-added sealing, O-ring and hose capabilities across locations in Bloomingdale and Rockford, Illinois and Milwaukee, Wisconsin.

Tide Rock Holdings Acquires Triad Service Solutions

March 9, 2022

Industrial Services

Tide Rock Holdings, an evergreen holding company, has acquired Triad Service Solutions, a third-generation family-owned full-service facility maintenance company based in Littleton, Colorado. Tide Rock intends to use Triad as a facilities-maintenance platform to broaden geographic reach, expand services (including sanitization/disinfection), and pursue add-on acquisitions; SDR Ventures served as sell-side advisor and the Bondi family were the selling shareholders.

Interconnect Solutions Company Acquires Tri-Tek Electronics

November 18, 2021

Manufacturing

Interconnect Solutions Company (ISC) acquired Tri-Tek Electronics Inc., a Valencia, California-based cable assembly and wire harness manufacturer, to add in-house cable production and specialized assembly capabilities. The acquisition strengthens ISC's capacity for complex, high-reliability assemblies serving aerospace, space and defense customers and retains Tri-Tek's president to oversee integration.

JGB Enterprises Acquires All-Serv Industrial

January 7, 2022

Industrial Services

JGB Enterprises, backed by HCI Equity Partners, acquired All-Serv Industrial, LLC (headquartered in Sulphur, Louisiana) on December 31, 2021 as an add-on to JGB's platform. The acquisition expands JGB's Gulf Coast footprint and adds complementary hose, fluid power and service capabilities to serve refinery, petrochemical, oil & gas and industrial OEM customers.

Vortex Companies Acquires Tri-State Utilities and Pipe Vision from National Underground Group

December 13, 2024

Industrial Services

Vortex Companies, LLC has acquired Tri-State Utilities and Pipe Vision from National Underground Group, a portfolio company of ORIX Capital Partners. The Virginia-based businesses provide trenchless pipeline rehabilitation, pipe cleaning and inspection services and will expand Vortex's capabilities and geographic footprint across the Mid-Atlantic and Southeastern United States. Financial terms were not disclosed.