Acquisition · Portfolio-company
Hose of South Texas
Transaction overview
Status: Reported completed
Exact closing date not established.
Trade publications reported that TIPCO Technologies acquired Hose of South Texas. TIPCO announced the transaction as a partnership on April 2, 2024, and Platte River Equity identified TIPCO as its portfolio company. The exact closing date and ownership percentage were not disclosed.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- TIPCO Acquires Fluid Power Distributor Hose of South Texas ↗
Modern Distribution Management · Published Apr 2, 2024
Contemporaneous trade report explicitly describes the transaction as an acquisition.
- TIPCO Technologies Acquires Hose of South Texas ↗
Distribution Strategy Group · Published Apr 2, 2024
Contemporaneous trade report corroborates acquisition; does not establish closing day or percentage.
- Partnership Announcement: Hose of South Texas joins TIPCO Technologies ↗
TIPCO Technologies · Published Apr 2, 2024
Official announcement describes partnership and integration, without specifying ownership mechanics.
- Hose of South Texas Joins Platte River Equity Portfolio Company TIPCO Technologies ↗
Platte River Equity · Published Apr 3, 2024
Identifies portfolio relationship and HOST joining TIPCO; does not specify ownership percentage.