Shorehill completed an acquisition of a majority stake in Triad Technologies.

Shorehill Capital, a private equity firm completed an acquisition of a majority stake in Triad Technologies, a distributor of industrial fluid power and automation solutions. Financial terms were not disclosed. Shorehill was working in partnership with the company's management team and Wissman family. "We are absolutely thrilled to have identified a partner who is deeply experienced in both fluid power and family-owned and operated businesses. we genuinely look forward to a long and successful relationship with the Shorehill team," Doug Wissman, Triad CEO, and President.