Posted March 2, 2022

SBP Holdings acquires Hydrafab

SBP Holdings has acquired Wyoming-based Hydrafab LLC.

SBP HoldingsEstablished in 2007 by founders Mark and Amy Hlad, Hydrafab operates from one location in Green River, Wyoming, with approximately 14 team members.

The company provides repair services, fabrication and sales for all types of hydraulic products including pumps, valves, and cylinders. Key markets include mining, construction equipment and in-plant systems. The Hlads will continue to manage the Hydrafab operation and expand the enterprise through organic growth and cooperation with other SBP Holdings companies.

“We are truly excited about teaming up with Mark and Amy and the team at Hydrafab to continue to expand our fluid power offering and geographic footprint," said Craig Osborne, SBP CEO. "Fluid power continues to be a large addressable market with tremendous opportunity for growth and there is no question we have a solid base and the ability to expand.”

Hydrafab will operate within the fluid power/automation platform of SBP Holdings, Dakota Fluid Power. The fluid power/automation vertical is one of two platform businesses along with the Singer Equities industrial rubber vertical. With this addition SBP Holdings will increase its North America footprint to approximately 70 locations with over 1,000 employees.

“We are looking forward to having the Hydrafab team join our Fluid Power group. Their reputation and business model of providing fast turnaround and quality service to their customers, aligns very well with the other companies in our platform,” said Rick Lindemann, Dakota Fluid Power president.

“I feel strongly that we have teamed up with the right group to continue the Hydrafab tradition of supporting customers,” said Mark Hlad.