Triad Technologies Grows in Midwest, Acquires Tech-Syn - Modern Distribution Management

Triad Technologies Grows in Midwest, Acquires Tech-Syn

Tech-Syn is a distributor of seals, O-rings, hoses, fittings and other related products sold to a wide array of industrial customers.
triad M&A

Ohio-based Triad Technologies — a fluid power products distributor owned by private equity group Shorehill Capital — announced that it completed the acquisition of Tech-Syn Corporation and its wholly owned subsidiaries.

Financial terms were not disclosed. Tech-Syn is a value-added distributor of seals, O-rings, hoses, fittings and other related products sold to industrial customers. The company is headquartered in Bloomingdale, Illinois, with additional locations in Rockford, Illinois, and Milwaukee, Wisconsin.

“We are pleased to welcome the Tech-Syn team to the Triad family,” saidGreg Wissman, President and CEO of Triad. “The strategic fit between Tech-Syn and Triad is very strong. Tech-Syn has expertise in highly engineered seals and O-Rings whereas Triad offers a broad array of complementary products across hydraulics, pneumatics, industrial automation and industrial hose. This compelling strategic alignment will allow the combined company to provide comprehensive solutions to our shared customer base, while strengthening our presence in the Illinois and Wisconsin markets.”

In a news release, Triad said adding Tech-Syn creates a “unique value-added fluid power distribution platform across the Midwest with the ability to solve complex sealing challenges for its customers.”

Gary Manning, former President and owner of Tech-Syn, added, “Customers will benefit from a more diverse range of product categories, providing solutions for a wider variety of applications.  Furthermore, the combination of these companies will foster a culture of growth and development for our employees. The combined company’s expanded scope and capabilities will create new opportunities for career advancement, skill development, and cross-functional collaboration.”

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!