TKO Miller Advises Power Test in its Acquisition of SuperFlow Technologies/Hicklin Engineering
Power Test Inc., based in Sussex, Wisconsin has acquired Iowa-based SuperFlow Technologies/Hicklin Engineering. TKO Miller advised Power Test on the acquisition.
Power Test manufactures dynamometers and heavy equipment testing systems used in heavy equipment. It serves many industries including mining, oil & gas, power, marine, trucking, construction, rail and defense in over 90 countries. It employs 70 people in its headquarters in Sussex, WI and this acquisition will be its first move out of the state.
“The acquisition of the SuperFlow business added complementary technology and several new end markets,” said Joe Froehlich, Managing Director of TKO Miller. “SuperFlow has traditionally specialized in the performance automotive markets, which will nicely complement Power Test’s strengths in the mining, marine, energy, construction and aerospace markets.” Product lines that SuperFlow/Hicklin will add include Hicklin’s heavy-duty transmission test stands, Axiline’s precision automotive transmission test stands, and SuperFlow’s engine and chassis dynamometers.
“Completing this acquisition was a long, hard road,” said Alan Petelinsek, Chief Executive Officer of Power Test. “Nonetheless, we are extremely excited to begin working with the high quality team and business operations of Hicklin/SuperFlow to expand our respective market position and continue to delight our customers.”
About Power Test
Power Test, Inc., is an industry leader in the design, manufacture and sale of dynamometers, heavy equipment testing systems and related data acquisition and control systems. For over 40 years, Power Test has provided specialized test equipment to manufacturers, rebuild facilities and distributors in the mining, oil & gas, power generation, marine, trucking, construction, rail, and military markets in more than 90 countries on six continents.
About SuperFlow / Hicklin Engineering
SuperFlow is a global engineering leader specializing in test and remanufacturing equipment for vehicle drivelines. Since 1972 SuperFlow products have been used daily by performance engine builders, engine and transmission remanufacturers, the U.S. Military and allies worldwide, technical schools, race teams, speed shops, universities, and leading automotive manufacturers to produce powerful and efficient vehicles. Hicklin Engineering has designed and produced heavy-duty more than 350 Inline, V-Drive, Angle Drive and Cross Drive transmission dynamometers, as well as hundreds of custom transmission dynos for customers worldwide.
About TKO Miller
TKO Miller, LLC is a leading middle market investment bank focused on providing merger, acquisition, and other transaction advisory services. TKO Miller is recognized nationally for its expertise in manufacturing, commercial and industrial services, healthcare services, consumer products, and business services.