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Clearlake Capital-backed BBB Industries completed the acquisition of Hydraulex.

Synopsis

Clearlake Capital-backed BBB Industries, a sustainable manufacturer serving automotive, industrial, energy storage, and solar markets, completed the acquisition of Hydraulex, a provider of critical, need-it-now hydraulic solutions serving the industrial aftermarket. Financial terms were not disclosed. "We are thrilled to welcome Hydraulex into the BBB enterprise. This acquisition opens opportunities to provide our customers with additional product and service options. Our goal is to continue to spread the power of sustainable manufacturing at scale to deliver even greater value to our customers, and we are excited about the opportunities that lie ahead," Duncan Gillis, BBB CEO.

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