North Branch Capital's portfolio company, Summit Hydraulics, has acquired PowerX International, enhancing its mobile equipment aftermarket parts platform with a focus on hydraulic solutions.

Information on the Target

PowerX International, located in Waukesha, Wisconsin, specializes in providing hydraulic cylinders and pumps. The company serves a diverse range of industries through Original Equipment Manufacturers (OEMs) and distributors, offering high-quality components crucial for mobile equipment operations.

With a strong reputation for reliability and performance, PowerX has established itself as a key player in the hydraulic parts market. Their commitment to innovation and customer satisfaction has positioned them favorably amidst growing demand for efficient mobile equipment solutions.

Industry Overview

The hydraulic equipment market in the United States has experienced substantial growth, driven by advancements in technology and increasing demand across various sectors such as construction, agricultu