Cowen is pleased to announce that Triad Technologies, LLC (“Triad Technologies” or the “Company”) has been acquired by Shorehill Capital.
Triad Technologies is a leading distributor of fluid power, motion, robotic, vision, sensor, and safety products. The company is a full-service, stocking distributor for the industry’s premier brands including Parker Hannifin, SICK, and many others. With 21 locations throughout Ohio, Southeast Michigan, Northern Kentucky, and Northern Indiana, Triad Technologies provides product expertise, critical application knowledge, and custom solutions to its customers with an emphasis on value-added services including technical support, 24/7 field service, and system design, hose assembly and repair service.
Shorehill Capital is a Chicago-based private equity firm focused on making control equity investments in North American engineered industrial product, industrial service and value-added distribution companies. Shorehill Capital seeks investment opportunities where its experience, network and investment management approach can have a positive impact on company performance.
Svoboda Capital Partners is a Chicago-based private equity firm with over $350 million of capital under management. Founded in 1998, Svoboda Capital Partners identifies, invests in and helps build excellent businesses in its targeted business niches: business services, value-added distribution, and consumer products.