HT Makes Growth Investment in Hydra-Slide Business

HT Makes Growth Investment in Hydra-Slide Business

HT Makes Growth Investment in Hydra-Slide Business

Hydraulic Technologies (HT), a leading provider of high-pressure hydraulic tools and equipment, has made a growth investment in Hydra-Slide, a Canadian company specializing in skidding and hydraulic systems used for lifting and moving heavy equipment. This strategic investment is expected to enhance HT's product offerings and strengthen its market position in the infrastructure, utilities, and transportation sectors.

Aaron Sztuk, President of Hydraulic Technologies, expressed excitement about the partnership with Hydra-Slide, highlighting the complementary nature of their products. Mark Cleland, President of Hydra-Slide, echoed this sentiment, noting that the collaboration would enable Hydra-Slide to leverage HT's technical expertise and global resources, positioning them as a comprehensive provider of heavy-lift solutions.

Hydraulic Technologies, based in Rockford, Illinois, designs and manufactures tools essential for maintenance, repair, and operational functions across various industries. This investment aligns with Wynnchurch Capital’s strategy, the private equity firm backing HT, which focuses on partnering with middle-market companies poised for substantial growth.