Helios Technologies Inc Dossier
Qualitative Analysis
Business overview
Helios Technologies, Inc. (formerly Sun Hydraulics Corporation) is a global industrial technology leader specializing in highly engineered motion control and electronic controls technology. The company operates through two primary business segments: Hydraulics and Electronics. The Hydraulics segment designs and manufactures cartridge valves, manifolds, quick-release couplings, and fluid conveyance products under brands such as Sun Hydraulics, Faster, NEM, Taimi, Daman, and Schultes. The Electronics segment provides customized electronic controls, displays, and instrumentation for diverse end markets including agriculture, construction, data centers, energy, marine, and material handling.
Research as of 20 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
A comprehensive roadmap designed to double the company's sales to $1.6 billion by 2030 while delivering top-tier margins (25%+ Adjusted EBITDA margin and 20% Adjusted Operating Income margin).
Expected impact: Transforms Helios into a diversified, customer-centric global enterprise with low- to mid-teens Return on Invested Capital.
Opening of a new manufacturing facility in Tijuana, Mexico, to support capacity expansion and advance innovation across the Electronics segment.
Expected impact: Enhances manufacturing capabilities, supports segment growth, and improves operational efficiencies.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Recent Acquisitions
Acquired as a custom engineering services firm specializing in electronics, mechanical, industrial, embedded, and software engineering to serve as a flywheel acquisition complementing internal engineering teams.
Financial impact: Immediately accretive to earnings; generated over $13 million in revenue during 2022 prior to acquisition.
Strategic Partnerships
Allows operating company i3 Product Development to leverage STMicroelectronics' advanced semiconductor technology in engineering and design, accelerating time to market for customers.
Terms: Vetted partner ecosystem collaboration; terms not publicly disclosed.
Provides operating company Balboa Water Group with an exclusive license to integrate WaterGuru's recreational water monitoring technology into Balboa's spa products.
Terms: Exclusive licensing agreement; financial terms not disclosed.