Applied Industrial Technologies Acquires Hydradyne, LLC

Hydrotech Acquires Isaacs Fluid Power Equipment Company

May 1, 2023

Industrial Services

Hydrotech, Inc. has acquired Isaacs Fluid Power Equipment Company, a Mason, Ohio-based distributor of pneumatic and vacuum products. Isaacs (37 employees) will operate as a division of Hydrotech, expanding Hydrotech's geographic reach and technical capabilities across the U.S. Midwest; deal terms were not disclosed.

Industrious Group (ITOCHU) Acquires American Hydro, Inc.

May 1, 2023

Energy

Industrious Group, a subsidiary of ITOCHU International Inc., has acquired American Hydro, a North American hydropower turbine design, manufacture and services provider previously owned by Wärtsilä. The acquisition expands Industrious Group and ITOCHU's capabilities and footprint in the hydropower and renewable MRO services market across North America. G2 Capital Advisors served as exclusive buy-side advisor on the transaction, completed in May 2023.

American Industrial Partners Acquires RelaDyne from Audax Private Equity

December 23, 2021

Industrial Services

American Industrial Partners (AIP) has acquired RelaDyne, Inc., a U.S. provider of lubricants, fuel, diesel exhaust fluid and industrial reliability services, from Audax Private Equity. The deal positions AIP to support RelaDyne's continued buy-and-build growth and operational initiatives; terms were not disclosed.

United Flow Technologies Acquires Sydnor Hydro

September 5, 2025

Industrial Services

United Flow Technologies (a H.I.G. Capital portfolio company) has acquired Sydnor Hydro Inc., a Virginia-based pump distributor and repair services provider focused on groundwater, water and wastewater systems. The acquisition strengthens UFT's Mid-Atlantic presence and pump service capabilities while expanding its municipal, industrial and government customer coverage in Virginia, eastern North Carolina, South Carolina and Maryland.

Applied Industrial Technologies Acquires Automation, Inc.

November 2, 2022

Industrial Services

Applied Industrial Technologies (NYSE: AIT) has acquired Automation, Inc., a Minneapolis-based provider of automation products, engineered solutions, and value-added assembly services. The acquisition expands Applied's automation capabilities and geographic footprint in the U.S. Upper Midwest, adding a team of more than 50 associates and established customer relationships across pharmaceutical, manufacturing, life sciences, and consumer products markets.

SBP Holdings' Dakota Fluid Power Acquires Hydrafab LLC

March 2, 2022

Industrial Services

SBP Holdings has acquired Hydrafab LLC, a Green River, Wyoming-based hydraulic repair, fabrication and sales specialist. Hydrafab will operate within SBP's Dakota Fluid Power fluid power/automation platform as SBP expands its North American footprint and service capabilities.