Hi all - we’ve got one niche industrial manufacturing and two healthcare services deals for this week’s RTC Live Deals series.
Are you a broker who has a deal to share? Shoot me an email at [email protected] with a short bio on your firm and example deals you want to share with 3,500+ RTC readers.
1. Manufacturer of hydraulic cylinders and precision machining services
🔗 Access Deal Materials
Interested in learning more? Contact Tomos at [email protected] to receive the full deal details.
📝 Deal Overview
Why this deal: 35 year old niche industrial manufacturing and services business with consistent financial and operating history ready for institutional capital—with one of the co-owners/operators willing to remain onboard while the other co-owner/operator retires.
2025E Revenue: $15,000,000
2025E Net Income: $2,000,000
Deal Type: Family-owned; majority recap with willingness to roll
Headquarters: Ohio, United States
Founded: 1990
🔎 What They Do
This niche industrial manufacturer specializes in hydraulic cylinder manufacturing (small and large), niche machining (ID boring, ID honing, roll repair), and general machining for large components.
Company provides:
Manufacturing and services across two main facilities spanning 120k sq. ft.
Specializes in large, complex, low-volume work across recycling (car crushers, balers, trucks), construction (attachments, lift tables), automotive (car haulers), and government subcontracting
~75 employees (non-union)
Key Verticals: Steel distributors, other cylinder manufacturers, OEMs, and specialized equipment producers (car crushers, haulers, balers, recycling trucks, lift tables, construction attachments)
💡 RTC Take
This is a classic family-owned-biz-to-institutional transition opportunity. Currently led by two brothers, the 35 year old family business is a stable operation within a highly specialized niche—customers are diversified with no single concentration >10% and financials are stable at ~$15M revenue and ~$2M net income (consistent 30–35% gross margins). The team has undergone professionalization of the operations and leadership building and is looking for an institutional partner for a smooth succession transition for this Midwestern family business.
💼 Recent Private Equity Deal Comps
Acquirer | Target | Date | Notes |
|---|---|---|---|
Fortress Investment Group | TH Holdings (Texas Hydraulics, Inc.) | Nov 2024 | Manufacturer of large-bore hydraulic cylinders, swivels, and related components for mobile, industrial, and energy equipment. |
Wipro Infrastructure Engineering | Mailhot Industries | Oct 2024 | Acquired from Novacap; leading North American manufacturer of hydraulic cylinders for refuse trucks, utilities, and construction vehicles. |
Turnspire Capital Partners | Swanson Industries | Jun 2024 | Manufacturer and remanufacturer of hydraulic cylinders and components; provides machining and repair services for mining, steel, and heavy equipment sectors. |
2. In-Network Outpatient Behavioral Healthcare Practice in NC (Project Phoenix) and In-Network Outpatient Mental Health Practice in PA (Project World)
🔗 Access Deal Materials
Interested in learning more? Contact Lisa at [email protected] to receive the full deal details.
📝 Deal Overview
Why these deals: These deals would be perfect for searchers or independent sponsors looking to roll up behavioral therapy and mental health clinics on the East Coast
Project Phoenix
2025E EBITDA: $400,000
Deal Type: Majority recap with owner staying on post-close
Headquarters: NC, United States
Project World
2025E EBITDA: $500,000
Deal Type: Majority recap with owner transitioning post-close
Headquarters: PA, United States
🔎 What They Do
Project Phoenix:
Provides mental health and therapy services in outpatient settings
In-person offices in NC and virtual services in 5 states
Owner is required to stay on as an advisor for 3 years with a stipend
Project World:
Community-based therapy connected to senior living facilities and schools
Unique individual and group programs for all ages
Owner transitioning into a new career
💡 RTC Take
High-margin outpatient services and recurring patient demand create durable cash flow, while the fragmented provider landscape supports a clear regional roll-up thesis. The founders have built a strong local brand and payer relationships, but scaling revenue will require investments in clinical recruitment, compliance infrastructure, digital intake and billing systems, and managed care contracting to unlock multi-site expansion and platform-level efficiency.
💼 Recent Private Equity Deal Comps
Acquirer | Target | Date | Notes |
|---|---|---|---|
Clearview Capital | Advantage Behavioral Health | Apr 2025 | Recapitalization of an outpatient mental-health provider across nine states. |
Oceans Healthcare (backed by Webster Equity Partners) | Haven Behavioral Healthcare | Jan 2025 | Acquisition of seven behavioral-health hospitals + outpatient services across five new states, expanding platform footprint. |
Tenex Capital Management | Behavioral Innovations | Jun 2024 | Acquisition of an applied behavior analysis (ABA) therapy provider (77 centers across TX, OK, CO) from Shore Capital Partners. |
Are you a searcher, independent sponsor, or aspiring to become one?
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Disclaimer: Information presented herein is derived from publicly available sources and third-party materials believed to be reliable. It is provided solely for educational and informational purposes and does not constitute investment advice or a solicitation. Road To Carry is not affiliated with, nor does it represent, the seller, broker, or any other party to the referenced transactions.
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