Hydraulex has been acquired by BBB Industries
The private shareholders of Hydraulex have sold the company to BBB Industries, a portfolio company of Clearlake Capital Group.
Hydraulex is a one-stop-shop provider of mission-critical aftermarket remanufactured, repair and new replacement hydraulic solutions. Headquartered in Chesterfield, Michigan, with additional facilities in Memphis and the greater Seattle area, Hydraulex provides need-it-now products, including pumps, motors, cylinders, valves and other parts to OEMs, distributors, repair shops and end users.
Founded in 1987, BBB Industries is a leading sustainable manufacturer of aftermarket parts for the automotive, industrial, energy storage and solar markets. BBB conducts business in over 90 countries, with facilities located throughout North America and Europe. Headquartered in Santa Monica, California, Clearlake Capital Group is a private equity firm with over US$70 billion of assets under management.
Oaklins TM Capital in the US served as the exclusive financial advisor to Hydraulex in this transaction.
Brian Tinney
CEO, Hydraulex
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