M&A Deal Summary

Hyperion Solutions Acquires Torin Drive

On January 26, 2022, Hyperion Solutions acquired machinery company Torin Drive

Acquisition Highlights
  • This is Hyperion Solutions’ 5th transaction in the Machinery sector.
  • This is Hyperion Solutions’ 5th transaction in the United States.
  • This is Hyperion Solutions’ 1st transaction in Tennessee.

M&A Deal Summary
Date 2022-01-26
Target Torin Drive
Sector Machinery
Buyer(s) Hyperion Solutions
Deal Type Merger

Target

Torin Drive

Memphis, Tennessee, United States
Torin Drive is a technology-driven elevator machine solution provider whose innovative offerings include elevator field technology, new elevator system designs, customized modernization solutions, and integrated elevator components and sub-systems. Torin Drive is headquartered in Memphis, Tennessee.

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Buyer(S) 1

Buyer

Hyperion Solutions

Memphis, Tennessee, United States
Category Company
Sector Machinery
DESCRIPTION

Hyperion Solutions is an elevator component and solutions platform formed for suppliers to the largest elevator servicers and installers in the United States and Canada. Standard uses the latest technologies in automation, augmented reality, artificial intelligence, and composite materials in the applications of its solutions for both multi-national and independent elevator servicers. Hyperion Solutions is based in Memphis, Tennessee.

DEAL STATS #
Overall 5 of 5
Sector (Machinery) 5 of 5
Type (Merger) 5 of 5
State (Tennessee) 1 of 1
Country (United States) 5 of 5
Year (2022) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-26 Elevator Equipment

Los Angeles, California, United States

Elevator Equipment is a designer and manufacturer of commercial and residential hydraulic elevator parts, components, and subsystems, and can also provide full hydraulic elevator packages. was founded in 1946 and is headquartered in Los Angeles, California.

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