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

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 PowerX International

May 14, 2024

Manufacturing

Summit Hydraulics, a portfolio company of North Branch Capital, has acquired PowerX International, a Waukesha, Wisconsin-based supplier of high-pressure hydraulic cylinders and pumps. The add-on transaction closed on May 1, 2024 and expands Summit's product offering and access to OEM and distributor end markets (construction, agriculture and other industrial equipment).

Miller Industries Acquires Southern Hydraulic Cylinder

May 31, 2023

Manufacturing

Miller Industries, Inc. (NYSE: MLR) acquired Southern Hydraulic Cylinder, Inc., a custom hydraulic cylinder manufacturer headquartered in Athens, Tennessee, in an all-cash transaction for approximately $17.5 million. The acquisition is intended to vertically integrate Miller's supply chain, improve sourcing flexibility and reduce lead times for hydraulic components.

Midwest Growth Partners and Summit Equity Group Acquire Manitowoc Tool & Machining

December 15, 2022

Manufacturing

Midwest Growth Partners and Summit Equity Group, with mezzanine financing from NewSpring Mezzanine and a management rollover, completed an acquisition of Manitowoc Tool & Machining (MTM). The transaction positions MTM — a precision, production-oriented contract manufacturer serving OEM customers across agriculture, HVAC, aerospace & defense, medical and logistics/e-commerce — for continued growth and expanded capabilities under sponsor ownership.

TIPCO Technologies (Platte River Equity) Acquires Alliance Hose & Rubber Co. and Hoses2U

October 15, 2024

Industrial Services

TIPCO Technologies, a Platte River Equity-backed value-added distributor of fluid conveyance and sealing solutions, has completed two add-on acquisitions: Alliance Hose & Rubber Co. and Hoses2U. The acquisitions expand TIPCO's footprint to 35 locations across 17 states and enhance its technical expertise and mobile onsite service capabilities.

HMT LLC Acquires Dunham Engineering

June 2, 2020

Engineering Services

HMT LLC, a portfolio company of Tailwind Capital, has acquired Dunham Engineering, a structural and corrosion engineering firm specializing in storage tanks and towers. The add-on expands HMT's engineering and inspection capabilities and represents HMT's first add-on under Tailwind's ownership.