Shorehill Capital Acquires Ownership Interest in Triad Technologies, LLC

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.

Triad Technologies Acquires Industrial Service Products, LLC

January 9, 2023

Industrial Services

Triad Technologies, LLC completed the acquisition of Industrial Service Products, LLC (ISP) on December 30, 2022. The deal adds ISP’s custom fabricated hose, valves, fittings and related fluid-conveyance capabilities and strengthens Triad’s footprint in Illinois and Indiana; Triad is partnered with Shorehill Capital, the private equity sponsor.

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.

Shorehill Capital Acquires Majority Interest in Functional Devices LLC

January 8, 2019

Manufacturing

Shorehill Capital acquired a majority ownership interest in Functional Devices LLC in a recapitalization executed in partnership with the company's management team and prior owner Ken Rittmann. Functional Devices, headquartered in Sharpsville, Indiana, manufactures relays, power supplies, transformers, sensors and related components for the HVAC, building and lighting controls and energy management markets; financing support was provided by Madison Capital Funding and Maranon Capital.

CIC Partners Makes Growth Capital Investment in Tri-State Holdings LLC

October 27, 2020

Oil & Gas

Dallas-based private equity firm CIC Partners has made a growth capital investment in Tri-State Holdings LLC, a Joaquin, Texas-based provider of water transportation and disposal services to oil and gas producers in the Haynesville Shale. The capital will enable Tri-State to expand its disposal services and follow-on growth, and Tri-State concurrently acquired saltwater disposal assets from Key Energy Services as part of its service expansion.

Shore Capital Partners Announces Growth Partnership with Dillard Companies

August 20, 2025

Industrial Services

Chicago-based private equity firm Shore Capital Partners has completed a growth partnership with Dillard Companies, a Memphis-based provider of commercial doors, gates, security, and access control solutions. Shore will support Dillard with capital, board and operating resources and management changes to accelerate technology adoption, service capabilities, geographic expansion and targeted add-on activity.