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TIPCO, HydraTech Announce Merger
The deal will create a leading U.S. fluid conveyance and sealing solutions distributor.
TIPCO Technologies
OWINGS MILLS, Md. — TIPCO Technologies and HydraTech Industrial Solutions announced a merger forming one of the largest independent distributors of fluid conveyance and sealing solutions in the U.S.
The new entity will operate under the name TIPCO Technologies and will continue to be led by Rob Lyons as CEO of commercial business, Brad Marshall as CEO of operational business, and Terri Lyons as vice president of TIPCO Technologies Mid-Atlantic.
Founded in 1888, TIPCO has earned its reputation as a comprehensive fluid solution supplier and stands as the largest stocking distributor in the Mid-Atlantic region. By establishing strategic partnerships with world-renowned suppliers, TIPCO has excelled at providing exceptional sales and service through its extensive 12 branch network and three production facilities across five states. With a strong focus on technology, channel alignment, and customer-oriented solutions, TIPCO continues to lead the industry.
HydraTech is a leading value-added distributor of fluid conveyance products serving key markets across the U.S., including Eugene, Oregon, Las Vegas, Boise, Phoenix, Denver, Houston, Atlanta and Charlotte. HydraTech operates 15 branches across eight states supporting counter, OEM and MRO customers across a diverse customer base.
"We are thrilled to be joining forces with Rob, Terri and the entire TIPCO family," said Marshall. "TIPCO's impressive presence in the Mid-Atlantic complements our footprint, opening up compelling greenfield expansion opportunities. Rob, Terri, and the TIPCO team have built an industry leading operation, and we look forward to our team’s continued growth and transformation."