Midland Industries LLC, a portfolio company of Wynnchurch Capital LLC, announced the acquisition of Houston-based Stainless Adapters Inc.
SAI supplies premium, stainless steel hydraulic adapters and pipe fittings to a diverse set of end markets, including oil & gas, agriculture, automotive, marine and general industrial. SAI CEO Michael Baker will join Midland as general manager of the company’s new Houston distribution center, which is slated to open in the spring of 2020.
"The acquisition of SAI strengthens our team and product offering, as we continue to build our specialty distribution and manufacturing platform,” Midland CEO Vince Hodes said in a statement. “We welcome Michael and his team to the Midland family and look forward to learning from their deep product knowledge, which will enable us to continue to provide our customers with a distinct advantage in the marketplace.”
Baker added: "We are excited about working with the Midland team and what this new partnership means for our customers. SAI has set the standard by providing high quality products and outstanding customer service. We’re excited to utilize the resources offered by the Midland platform to accelerate customer expansion and grow our product offering."