Singer Industrial Acquires Hotsy Industrial Systems - Modern Distribution Management

Singer Industrial Acquires Hotsy Industrial Systems

The deal will increase Singer Industrial’s North American presence to roughly 85-plus locations with over 1,000 employees.

On April 28, Dallas-based Singer Industrial — formerly SBP Holdings — announced it has acquired Arizona-based Hotsy Industrial Systems, a provider off hot & cold pressure washers, air compressors, waste water treatment systems and detergents. Financial terms were not disclosed.

As part of the agreement, Hotsy will operate within the Fluid Power Division of Singer Industrial, according to a news release announcing the deal. The agreement is expected to increase Singer Industrial’s North America footprint to approximately 85-plus locations with over 1,000 employees.

Hotsy was established in 1994 and has been owned and operated by Christy Thomas since 2015. The business operates from one location in Tucson, Singer said. Thomas will continue to manage the operation and plans to expand the enterprise through organic growth and cooperation with Utah-based Watts Steam Store and other Singer Industrial companies.

“We have been proud to serve Arizona for years. We are extremely confident that this transition will benefit our employees and our customers by delivering the same excellent service while providing a stronger network of resources and expanded offerings,” Thomas said. “We are excited to join the Singer Industrial family with their exceptional leadership, our shared values, and their many years of experience in supporting and growing businesses for long term success.”

Singer Industrial has been active on the M&A front since selling its Bishop Lifting Products unit in February 2022. Singer’s recent acquisitions include Wyoming-based Hydrafab in March 2022; Idaho-based Mattson Distribution Company in August; North Carolina-based Catawba Industrial Rubber in September; Florida-based Central Hydraulics in November; and Uni-Draulik Inc., a Canadian distributor of hydraulic equipment in March.

“We are excited to have Christy and her team join the Singer Industrial family,” Singer Industrial Fluid Power Division President Scott Wojciak said. “They’ve built a great business from the simple philosophy of providing the best products and services to their customers which aligns well with our Singer Industrial culture.”

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.