TKO Miller Advises Dynamic Tube, Inc. on its Sale to Innovative Fluid Handling Group
TKO Miller, a leading middle market investment bank, today announced that Dynamic Tube Inc. (“Dynamic Tube”), an industry-leading supplier of tube fabrications and precision-machined parts, has been acquired by Innovative Fluid Handling Group (“IFH Group”), a premier producer of top-quality, custom-made fuel and hydraulic tanks.
TKO Miller initiated the transaction and acted as the exclusive investment banking advisor for Dynamic Tube, working closely with the Company’s management team and owners throughout the sale process.
About Dynamic Tube
Established in 1976, Dynamic Tube is a leading custom tube fabrication specialist serving a variety of end markets including off-road and heavy equipment, power generation, mining, construction, material handling, and agriculture, among others. Headquartered in Maquoketa, IA, Dynamic Tube initially specialized in the fabrication of high-pressure diesel fuel injection lines but has since expanded into hydraulics and other pressurized fluid and gas tubing applications.
About IFH Group
IFH Group, Inc., a portfolio company of The Mendota Group, is a leading manufacturer of custom steel fuel and hydraulic oil tanks for off-road and specialty vehicles in the United States. Applications include combines, heavy terrain forklifts, earth boring equipment, boom cranes, grounds keeping equipment, end loaders, and hay bailers. Located in Rock Falls, IL, the company occupies a 131,000-square foot manufacturing facility.
About The Mendota Group
Founded in 2000, The Mendota Group is a private equity firm based in Madison, WI. The firm invests in the manufacturing and industrial sectors.
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