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Wynnchurch Sells Texas Hydraulics to Fortress

  • Private equity firm Wynnchurch Capital has sold TH Holdings, which operates under the brands Texas Hydraulics, Hydromotion, and Oilgear, to Fortress Investment Group.
  • Under Wynnchurch's ownership, Texas Hydraulics expanded its portfolio by acquiring The Oilgear Company in 2018.
  • TH Holdings operates through three units, serving various heavy-duty sectors including fire and rescue, forestry, mining, and utility.
  • The hydraulics market is projected to reach $54 billion by 2030, with increasing demand from construction, mining, and energy sectors.

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