Hydraulic Technologies Makes Growth Investment in Hydra-Slide

ROSEMONT, Ill.--(BUSINESS WIRE)--Hydraulic Technologies (“HT”), a market leader in high-pressure hydraulic tools and equipment and a portfolio company of Wynnchurch Capital, L.P., has made a growth investment in Hydra-Slide (“HS” or the "Company"). Founded in 2011, Hydra-Slide is a Canada-based manufacturer that specializes in skidding and hydraulic systems used to lift and move heavy equipment in critical applications, including infrastructure, utilities, and transportation.

Aaron Sztuk, President of Hydraulic Technologies, said, “We are pleased to announce our partnership with Mark Cleland and the broader HS team as we embark on the Company's next phase of growth. Hydra-Slide is a leader in engineered, heavy-lift and skidding solutions and a highly complementary addition to HT’s existing product line. We’re thrilled about the partnership and excited to build upon Hydra-Slide’s legacy.”

"We take great pride in the quality, design, and durability of our products and are enthusiastic to partner with HT to utilize their extensive technical expertise and global resources," stated Mark Cleland, President of Hydra-Slide. "With this collaboration, we will be a one-stop-shop for all of our customers’ heavy-lift and service needs. We’re excited about the many growth opportunities ahead."

About Hydraulic Technologies:

Headquartered in Rockford, Illinois, Hydraulic Technologies designs, engineers and manufactures high-pressure hydraulic tools and equipment. A market leader in high-pressure hydraulic tools, HT’s products serve mission-critical applications and are essential in maintenance, repair, and operational functions across a wide range of industries, including infrastructure, manufacturing, and rail. For more information, please visit: www.hydraulictechnologies.com or follow us on LinkedIn.

About Wynnchurch Capital:

Wynnchurch Capital, L.P., 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 investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch manages a number of private equity funds with $9.2 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. Recently, Wynnchurch acquired Principal Industries, a leading provider of LED components and engineered assemblies. Other recent investments include: ORS Nasco, North America’s largest pure wholesaler of industrial MRO supplies; Hydraulic Technologies, a market leader in high-pressure hydraulic tools; and Reagent, the #1 specialty distributor of hydrochloric acid in North America. For more information, please visit: http://​www​.wyn​nchurch​.com or follow us on LinkedIn.