Hudson Bearings Acquires Turbosocket

Josh Curtis
Managing Director
Footprint Capital
jcurtis@footprintcapital.com
Phone 614.327.8746

230 West Street
Suite 700
Columbus, OH 43215

TRANSACTION INFORMATION

Footprint Capital (“Footprint”) acted as the exclusive buy-side advisor to Hudson Bearings, LLC (“Hudson” or the “Company”) in the acquisition of H.B. Products Inc. (“HB”). Hudson sought to further diversity and develop its brand name product offering by way of acquisition. Footprint was engaged to lead the search by identifying, vetting, and contacting prospective targets. HB was identified due to its Turbosocket brand. Hudson completed the acquisition and moved the operations to Columbus, Ohio.

ABOUT HUDSON BEARINGS

Hudson Bearings was founded in 1969 in Connecticut, acquired by current ownership in 2009, and subsequently moved to Columbus, Ohio. The Company operates as Central Ohio’s leading manufacturer and provider of high quality, American made ball bearings, casters, and transfers. Additionally, Hudson is one of only a few domestic ball transfer manufacturers, and also specializes in making ball transfers. For more information, visit: www.HudsonBearings.com.

ABOUT H.B. PRODUCTS

HB, based in Chicago, Illinois, was formed in 1978 by two brothers, Jim and George Hamann.  HB operates as a business specializing in tool and diemaking as well as special machinery building. The Company’s Turbosocket line, a tool made for removing damaged fasteners, was first developed in 1997 and has grown significantly since then.

ABOUT FOOTPRINT CAPITAL

Footprint is a boutique investment bank focused on advising owners and operators of privately held companies in the middle market. Footprint’s services include sell-side and buy-side merger and acquisition advisory, ownership transition planning, capital raising, and strategic management consulting.