Summit Hydraulics (North Branch Capital) Acquires PowerX International

North Branch Capital Platform Summit Hydraulics Acquires Access Truck Parts

August 15, 2022

Industrial Services

North Branch Capital’s portfolio company Summit Hydraulics has merged with Access Truck Parts, an Arizona-based designer and distributor of pumps, valves, nozzles, fittings and other mobile equipment aftermarket parts. The deal, which closed July 1, 2022, is an add-on acquisition to expand Summit’s capabilities and scale in the commercial water truck aftermarket and broaden distribution and e‑commerce capabilities.

Summit Hydraulics (North Branch Capital) Acquires Tubing & Metric Hydraulics

January 25, 2024

Industrial Services

North Branch Capital’s portfolio company Summit Hydraulics has acquired Tubing & Metric Hydraulics (T&M), a supplier of hydraulic and industrial hoses and fittings based in Alvin, Texas. The add-on transaction closed January 2, 2024 and expands Summit’s mobile equipment aftermarket parts platform into new end markets including heavy haul, construction and energy.

Wipro Hydraulics (Wipro Infrastructure Engineering) Acquires Columbus Hydraulics

August 8, 2024

Manufacturing

Wipro Hydraulics, the hydraulics business of Wipro Infrastructure Engineering (part of Wipro Enterprises), has acquired Columbus Hydraulics, a US-based hydraulic cylinder manufacturer founded in 1952. The deal strengthens Wipro's manufacturing capabilities and presence in North America and expands its product and customer portfolio across agriculture, construction, turf maintenance and marine end markets.

H.I.G. Capital Acquires Northwest Pump and Equipment Co.

November 22, 2024

Industrial Services

H.I.G. Capital, through an affiliate, has completed the acquisition of Northwest Pump and Equipment Co., a distributor and service provider to fueling stations, EV charging infrastructure and other industrial customers across the Western United States. The company, founded in 1959, operates approximately 20 branch locations with ~350 employees and serves nearly 6,000 customers; H.I.G. intends to support organic and inorganic growth to expand product and service offerings and geographic density.

Xerox Holdings Corporation Acquires Powerland

February 2, 2022

IT Services

Xerox Holdings Corporation has acquired Powerland, a Canadian IT services provider, for cash to strengthen Xerox's IT services offerings across North America, including cloud, cybersecurity, end-user computing and managed services. 7 Mile Advisors served as exclusive sell-side advisor. The acquisition expands Xerox's footprint and capabilities in Canada to better serve SMB and enterprise customers.

Workdry International Acquires Holland Pump Company

July 17, 2024

Industrial Services

Workdry International, backed by Arcus Infrastructure Partners, has acquired US-based Holland Pump Company from XPV Water Partners to establish a North American division. The acquisition adds 15 US branches and more than 1,000 pump assets (and ~120+ employees) to Workdry's rental fleet and expands the group's presence across East and Gulf Coast markets serving infrastructure, construction, municipal and industrial customers.