Summit Hydraulics Locks Up PE Investment from North Branch Capital - Modern Distribution Management

Summit Hydraulics Locks Up PE Investment from North Branch Capital

Phoenix-based Summit Hydraulics is a designer and distributor of aftermarket hydraulic kits and components for the agricultural and construction end markets.
Business people analyzing investment charts. Accounting , with soft focus, vintage tone

Private equity firm North Branch Capital has made an investment in Phoenix-based Summit Hydraulics. The companies didn’t disclose the amount of the investment.

Summit is a designer and distributor of aftermarket hydraulic kits and components for the agricultural and construction end markets, among other vertcals.

“North Branch’s growth-oriented mindset and track record of scaling industrial distribution businesses align perfectly with Summit,” said Summit President and Founder Tony Kotula. “North Branch’s expertise in product sourcing, inventory management and logistics will aid in Summit’s next phase of growth. We are thrilled about the future and the opportunity ahead of us.

The transaction closed on Sept. 21. It marked North Branch’s 21st completed transaction since launching in 2014. North Branch is based in Oak Brook, Illinois.

“Summit has built a high growth e-commerce platform selling customized hydraulic components, kits and solutions to industrial markets,” said Nick Johansson, Principal of North Branch. “The company has emerged as the leading and most trusted brand in this market with a comprehensive product offering, educational sales approach and rapid fulfillment  capabilities.”

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!