Texas Hydraulics Sold To Wynnchurch
18 February 2016
Wynnchurch Capital, Rosemont, Ill., a middle-market private equity firm, has acquired Texas Hydraulics from Dover Corp.. Texas Hydraulics, Temple, Texas, is a manufacturer of hydraulic cylinders, swivels and related components for mobile equipment applications.
Texas Hydraulics said it specializes in front-end design solutions for hydraulic cylinder, swivel and related applications with expertise related to valve integration, position sensing technology, large bore and long stroke cylinder manufacturing
Wynnchurch Capital manages a number of private equity funds with $2.3 billion of capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings.