M&A Deal Summary

TIPCO Technologies Acquires HydraTech Industrial Solutions

On December 5, 2023, TIPCO Technologies acquired distribution company HydraTech Industrial Solutions

Acquisition Highlights
  • This is TIPCO Technologies’ 1st transaction in the Distribution sector.
  • This is TIPCO Technologies’ 1st transaction in the United States.
  • This is TIPCO Technologies’ 1st transaction in Texas.

M&A Deal Summary

Date 2023-12-05
Target HydraTech Industrial Solutions
Sector Distribution
Buyer(s) TIPCO Technologies
Deal Type Merger

Target

HydraTech Industrial Solutions

Houston, Texas, United States
HydraTech is a national distributor of mission-critical fluid conveyance products including hydraulic and industrial hose and related fittings and connectors. HydraTech Industrial Solutions is based in Houston, Texas.

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Buyer(S) 1

Buyer

TIPCO Technologies

Owings Mills, Maryland, United States

Category Company
Founded 1888
Sector Distribution
DESCRIPTION

TIPCO is a value-added distributor of fluid conveyance and sealing solutions, operating from 30 strategic locations across the United States. The Company serves a variety of end markets including infrastructure, manufacturing, transportation, government, agriculture/forestry, and energy. TIPCO Technologies was founded in 1888 and is based in Owings Mills, Maryland.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1