M&A Deal Summary

Wipro Infrastructure Engineering Acquires Columbus Hydraulics

On August 8, 2024, Wipro Infrastructure Engineering acquired machinery company Columbus Hydraulics from Northstar Capital

Acquisition Highlights
  • This is Wipro Infrastructure Engineering’s 2nd transaction in the Machinery sector.
  • This is Wipro Infrastructure Engineering’s 1st transaction in the United States.
  • This is Wipro Infrastructure Engineering’s 1st transaction in Nebraska.

M&A Deal Summary

Date 2024-08-08
Target Columbus Hydraulics
Sector Machinery
Buyer(s) Wipro Infrastructure Engineering
Sellers(s) Northstar Capital
Deal Type Add-on Acquisition

Target

Columbus Hydraulics

Columbus, Nebraska, United States
Columbus Hydraulics is a designer and manufacturer of custom-engineered hydraulic cylinders for industrial machinery. Columbus Hydraulics was founded in 1952 and is based in Columbus, Nebraska.

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Buyer(S) 1

Buyer

Wipro Infrastructure Engineering

Bengaluru, India

Category Company
Founded 1976
Sector Machinery
DESCRIPTION

Wipro Infrastructure Engineering Ltd. is an engineered Hydraulic components and solutions provider in India.


DEAL STATS #
Overall 4 of 4
Sector: Machinery M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
State: Nebraska M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-09 Mailhot Industries

Saint-Jacques, Quebec, Canada

Mailhot Industries is a manufacturer of hydraulic cylinders renowned for technological innovation. The company makes quality a priority, and has secured a place of choice in its industry segment. Mailhot produces a complete line of single-stage and telescopic hydraulic cylinders. Its mission is to anticipate its customers’ needs by deploying innovative, adapted solutions. Mailhot Industries was founded in 1956 and is based in Saint-Jacques, Québec.

Buy -

Seller(S) 1

SELLER

Northstar Capital

Minneapolis, Minnesota, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1993
PE ASSETS 1.7B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Northstar Capital is a mezzanine finance firm that provides junior capital to middle-market companies operating in the value-added distribution, light manufacturing, business services, financial services, education, and specialty healthcare sectors. Northstar's typical investment size is $5 to $30 million in businesses generating sales of $20 to $300 million with an EBITDA of at least $3 million. Prospective companies have stable cash flows and sustainable margins. Investments typically have maturities of five to eight years. Northstar does not invest in start-ups, real estate development, natural resource exploration, or high technology companies. Northstar Capital was formed in 1993 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 81 of 82
Sector: Machinery M&A 6 of 7
Type: Add-on Acquisition M&A Deals 29 of 29
State: Nebraska M&A 1 of 1
Country: United States M&A 77 of 78
Year: 2024 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-31 Questco

The Woodlands, Texas, United States

Questco is a professional employer organization. Questco provides human resource management and administrative services through a co-employment relationship with its clients. The Company enables its clients to cost-effectively outsource the management of employee benefits, workers compensation, human resources, payroll, and other administrative services. Questco was established in 1989 and is based in The Woodlands, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-03 Parallel Technologies

Eden Prairie, Minnesota, United States

Parallel Technologies is a provider of complete solutions for reliable data centers and intelligent buildings, Parallel Technologies helps clients define their needs and delivers results through superior engineering and technology. Parallel Technologies was founded in 1983 and is based in Eden Prairie, Minnesota.

Buy -