Fortress Investment Group Acquires TH Holdings (Texas Hydraulics, Hydromotion, Oilgear)
November 21, 2024
Funds managed by affiliates of Fortress Investment Group have acquired a majority equity stake in TH Holdings, the parent of Texas Hydraulics, Hydromotion, and Oilgear; TH Holdings' management retains a minority stake. Wynnchurch Capital exited the investment; Fortress said it will deploy additional capital to invest in operations, product innovation and expand the group's presence across mobile, industrial and energy end markets.
- Buyers
- Fortress Investment Group
- Targets
- TH Holdings, Texas Hydraulics, Hydromotion, Oilgear
- Sellers
- Wynnchurch Capital
- Industry
- Manufacturing
- Location
- United States
- Transaction Type
- Buyout
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