M&A Deal Summary

Triad Technologies Acquires Tech-Syn

On March 31, 2023, Triad Technologies acquired distribution company Tech-Syn

Acquisition Highlights
  • This is Triad Technologies’ 3rd transaction in the Distribution sector.
  • This is Triad Technologies’ 5th transaction in the United States.
  • This is Triad Technologies’ 2nd transaction in Illinois.

M&A Deal Summary

Date 2023-03-31
Target Tech-Syn
Sector Distribution
Buyer(s) Triad Technologies
Deal Type Add-on Acquisition

Target

Tech-Syn

Bloomingdale, Illinois, United States
Tech-Syn is a value-added distributor of seals, O-rings, hoses, fittings, and other related products sold to a wide array of industrial customers. Tech-Syn was founded in 1959 and is based in Bloomingdale, Illinois.

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Buyer(S) 1

Buyer

Triad Technologies

Vandalia, Ohio, United States

Category Company
Founded 1981
Sector Distribution
DESCRIPTION

Triad Technologies is a full-line distributor of fluid power, fluid connector, hydraulic, pneumatic, and seal products to a diverse customer base throughout Ohio, Kentucky and Michigan. Triad Technologies was founded in 1981 and is based in Vandalia, Ohio.


DEAL STATS #
Overall 5 of 5
Sector: Distribution M&A 3 of 3
Type: Add-on Acquisition M&A Deals 5 of 5
State: Illinois M&A 2 of 2
Country: United States M&A 5 of 5
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-09 Industrial Service Products

Lyons, Illinois, United States

Industrial Service Products is a value-added distributor of custom fabricated hose, valves, fittings, and other related products for the safe, efficient transfer of liquid and dry goods to a wide array of industrial customers. Industrial Service Products was founded in 1972 and is based in Lyons, Illinois.

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