AEA-backed Singer Equities acquires Future Hydraulik
Singer Equities has bought Future Hydraulik Inc, a Laval, Québec-based distributor, fabricator and wholesaler of hydraulic hose, fittings, assemblies and fabrication equipment. No financial terms were released. Singer Equities said the deal expands its footprint into Canada, strengthens its product portfolio, and diversifies its customer and channel base. Singer Equities and Bishop Lifting Products are affiliates of SBP Holdings LP, a Houston, Texas-based distributor of industrial rubber products and wire rope and rigging products. The business has been backed by U.S. private equity firm AEA Investors since December 2011.
3 October 2016•2 mins read
