Wynnchurch Capital has sold Texas Hydraulics to Fortress Investment Group

Texas Hydraulics

TH Holdings is a diversified industrial manufacturer consisting of market-leading brands Texas Hydraulics, Hydromotion and Oilgear (the companies). The companies are leading manufacturers of highly engineered, custom-designed hydraulic components. The group offers end-to-end services for hydraulic components, from bespoke engineering to after-market support. The services and components are used by original equipment manufacturers and aftermarket customers across a wide range of heavy-duty and extreme-duty applications.

TH Holdings serves the mobile, industrial and energy markets through its subsidiaries: Texas Hydraulics designs and manufactures large bore, long stroke cylinders; Hydromotion designs and manufactures hydraulic swivels and electrical slip rings; and Oilgear designs and manufactures pumps, valves and controls. For more information, please visit www.texashydraulics.com, www.hydromotion.com and www.oilgear.com.

The Deal

Under Wynnchurch Capital’s ownership, TH Holdings completed an accretive add-on acquisition, expanded its solution offering, made strategic investments in operational improvements and bolstered its manufacturing footprint. After completing its strategic objectives, Wynnchurch sought liquidity on its investment in TH Holdings. In November 2024, TH Holdings was successfully sold to Fortress Investment Group.

Wynnchurch Capital

Wynnchurch, headquartered in the Chicago suburb of Rosemont, Illinois, with an affiliate in Canada, was founded in 1999 and is a leading middle-market private equity (PE) investment firm. Wynnchurch’s strategy is to partner with middle market companies in the U.S. and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch manages a number of PE funds with $9.2 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings. For more information, please visit: www.wynnchurch.com.

Fortress Investment Group

Fortress is a leading, highly diversified global investment manager. Founded in 1998, Fortress manages $48 billion of assets under management as of June 30, 2024, on behalf of approximately 2,000 institutional clients and private investors worldwide across a range of credit and real estate, PE and permanent capital investment strategies. For more information, please visit www.fortress.com.

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