Owings Mills, MD – Platte River Equity (“Platte River”) is excited to share that its portfolio company TIPCO Technologies (“TIPCO”) has acquired MTS Threaded Products (“MTS”) and AZ Hose PRO, two founder-owned businesses that further strengthen TIPCO’s position as a best-in-class platform in the fluid conveyance space. TIPCO has now completed ten add-on acquisitions since partnering with Platte River in December 2023.
“MTS and AZ Hose PRO are excellent additions to the TIPCO platform, each bringing deep customer relationships, specialized capabilities and strong cultural fit. These acquisitions reflect our continued commitment to supporting TIPCO’s growth strategy, and we look forward to partnering with both teams as they become part of the TIPCO family,” said Mike Reilly, Principal of Platte River.
About MTS Threaded Products
Founded in 1982 and based in Corpus Christi, TX, MTS has built a legacy of supporting industrial, energy and oilfield customers with specialized threaded products, industrial fasteners, petroleum-related hardware, and custom threaded and machined components.
“This marks an exciting new chapter for our team, and we couldn’t be more enthusiastic about what lies ahead with TIPCO. Our organizations are aligned in our values and vision, and together we are well-positioned to expand our capabilities and deliver even greater value to our customers,” says Mack Rodriguez, Owner and President of MTS.
Rob Lyons, Co-CEO of TIPCO, stated, “MTS brings an outstanding product portfolio and a proven track record of VMI service excellence that strongly complements TIPCO’s commitment to growing our gasket and sealing capabilities. Together, we will be better positioned to deliver comprehensive sealing solutions, enhanced inventory management and exceptional service to customers throughout the Corpus Christi market and across the region.”
About AZ Hose Pro
Based in Phoenix, AZ, AZ Hose PRO is a mobile hydraulic hose repair and service provider, offering 24/7 on-site service for hydraulic hoses, cylinders and pumps.
“AZ Hose PRO’s mobile, on-demand service model is a natural extension of TIPCO’s value proposition in the Arizona market, allowing us to meet customers where and when they need us most. Their team’s responsiveness and technical expertise in hydraulic repair make them an ideal fit as we continue to broaden the range of solutions we bring to our customers,” said Brad Marshall, Co-CEO of TIPCO.