BackMCE Acquires TLR Hydraulics, Inc.
Zelienople, PA
Motion & Control Enterprises (“MCE”) has acquired TLR Hydraulics, Inc. (“TLR”). Terms of the transaction were not disclosed.
Founded in 2018, TLR is a Dallas, TX-based provider of hydraulic cylinder and pump repair, high-pressure hydraulics repair, and machining services to industrial, commercial and municipal customers throughout Texas and surrounding states. The Company operates five locations in the greater Dallas Fort Worth market. TLR will continue to operate with the TLR name and under the leadership of Tom and Zach Rupe.
“We are excited to welcome TLR to the MCE team,” said Charles Hale, Chairman and CEO of MCE. “This acquisition expands our growing hydraulic repair capabilities allowing us to better serve the full lifecycle and fluid power needs of our customers – from new products to routine service as well as planned and unplanned repairs.”
Tom Rupe, TLR’s founder, commented, “By combining forces with MCE, our Company will expand the range of hydraulic solutions that we can provide to our customers. MCE’s resources align well with our business and will help support our future growth. We are excited about our future together with MCE.”
About Motion & Control Enterprises
Founded in 1951, MCE is a supplier of technical fluid power, automation, flow control, rotating equipment products, filtration, service, and repair solutions. The Company serves more than 33,400 OEM and end-user customers from 62 facilities located in 18 states. For more information, please visit www.mceautomation.com.
About TLR Hydraulics, Inc.
TLR Hydraulics, Inc. (“TLR”) is a Dallas, TX-based provider of hydraulic cylinder & pump repair, high-pressure hydraulics repair, and machining services, which was formed by Tom Rupe in 2018. TLR operates five locations in the Dallas area. The Company serves industrial and municipal customers throughout TX and surrounding states. For more information, please visit www.tlr-hydraulics.com.
About Frontenac
Frontenac is a Chicago-based private equity firm. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial, and services industries. Frontenac works in partnership with established operating leaders, through an executive-centric approach called CEO1ST®, which seeks to identify, acquire, and build market-leading companies through transformational acquisitions and operational excellence. Over the last 50+ years, Frontenac has built a franchise working with over 300 owners of mid-sized businesses as they address complex transition issues of liquidity, management enhancement, and growth planning. For more information, please visit www.frontenac.com.
