Hercules Machinery Corporation (HMC), and Titan Metal Worx, LLC (Titan) have been acquired by Entegra Attachments via its financial sponsors Capital for Business, B12 Capital Partners, UMB Capital Corporation, and First Capital Partners.
Established in Fort Wayne, Indiana in 1964, HMC is a manufacturer and distributor of high-quality hydraulic machinery attachments and equipment for construction foundation and other applications that require pile driving and drilling. HMC also manufactures fully integrated machines for solar energy platform installations and highway guard rail installations. HMC has realized tremendous success with its Sonic SideGrip® vibratory pile driver—a piece of equipment that is revolutionizing the way contractors drive steel sheet pile, H-beam and pipe pile.
Titan, a sister company to HMC, is a machining and fabrication services provider located adjacent to HMC that provides parts and components services to HMC, as well as other customers.
Entegra Attachments is a holding company for leading manufacturers of highly unique static, hydraulic and electric work tool attachments for light & heavy mobile equipment and stationary work platforms. Entegra’s investors include Capital for Business (St. Louis, Missouri), UMB Capital Corporation (Kansas City, Missouri), First Capital Partners (Omaha, Nebraska), B12 Capital Partners (Leawood, Kansas) and Michael Flannery, CEO of Entegra.
"We're excited to have Hercules and Titan join the Entegra family of equipment attachment businesses. For well over fifty years, Hercules has provided its customers with technical expertise and state-of-the-art pile driving and drilling technology. We look forward to continuing to build upon the companies’ success with expanded production and sales efforts to meet customer needs,” commented Michael P. Flannery, CEO of the Entegra platform.
“We engaged True North because of their reputation and the quality people that they have. Their task was to align us with a growth partner to help us expand to the next level, and we are very pleased with the groups that we were presented,” said John Jinnings, who will remain in his current role as President. “As we considered the best partner to support our continued growth, it was clear that Entegra’s values and operating model aligned with ours. I am enthusiastic about our Company’s future as we build on a foundation of excellence, quality, and innovation.”
The Principals of True North, acting in their capacity as registered agents of Burch & Company, Inc. (“Burch”), were the lead strategic and financial advisors to the seller on the sale of its business. In order to assist True North with securities related transactions, its principals are registered investment banking agents of Burch & Company, Inc., member FINRA/SiPC. Burch and True North are not affiliated entities.