News & Events

Hydraulic Technologies Invests in Foxtrot Industriel to Expand Heavy Lift Portfolio

Written by HT Marketing Group | Mar 9, 2026 11:39:06 AM

 

Rockford, IL – February 20, 2026 – Hydraulic Technologies (“HT”), a market leader in high-pressure hydraulic tools and equipment and a portfolio company of Wynnchurch Capital, L.P., today announced a  growth investment in Foxtrot Industriel (“Foxtrot” or the “Company”), a Canadian manufacturer of motorized robotic dollies. The investment represents the second strategic addition to the newly formed Heavy Lift segment, further expanding HT’s portfolio of heavy-load handling solutions.

Founded in 2018, Foxtrot’s mission is to improve safety and efficiency when moving heavy loads in industrial applications. The Company designs and manufactures electric-powered dollies that enable precise, controlled positioning of heavy equipment in complex and demanding environments.

Brad Sterner, CEO of Hydraulic Technologies, said, “Foxtrot’s innovative material handling solutions and reputation for safety and reliability expand our solutions portfolio, including products from Power Team and Hydra-Slide brands, to serve customers in the demanding, high-growth Heavy Lift segment and newly penetrated Factory Automation market. In Heavy Lift, we now offer a full range of
engineered solutions for high-tonnage moves, from sub-ton applications to rail and industrial uses up to 1,000 tons. We are excited to partner with Charles-Éric and Benoît, and the entire Foxtrot team to support the Company’s next phase of growth.”

Foxtrot co-founders Charles-Éric Raymond and Benoît Serrano-Parent will remain with the organization and continue to lead the Foxtrot business, ensuring strategic continuity and preserving the Company’s strong culture of innovation and customer focus.

“Joining Hydraulic Technologies marks an exciting new chapter for Foxtrot,” added Charles-Éric Raymond, President of Foxtrot. “With access to HT’s global distribution network and complementary product portfolio, we are well positioned to accelerate growth while continuing to deliver the same level of innovation, quality, and responsiveness our customers expect. Benoît and I look forward to continuing to lead Foxtrot and building on the strong foundation we have established.”

 

About Hydraulic Technologies

Headquartered in Rockford, Illinois, Hydraulic Technologies designs, engineers, and manufactures high-pressure hydraulic tools and equipment for mission-critical applications. HT’s products support maintenance, repair, and operational functions across a broad range of industries, including infrastructure, manufacturing, and power generation.

For more information, visit www.hydraulictechnologies.com or follow the Company on LinkedIn.

About Foxtrot Industriel

Foxtrot Industriel is a Canadian manufacturer of electric-powered dollies designed to simplify heavy load handling without compromising safety or productivity. By combining engineering innovation with practical industrial expertise, Foxtrot develops mobility solutions that enable precise transport of heavy equipment in challenging environments.

For more information, visit www.foxtrotindustriel.com.