Posted December 12, 2023

Nu-Star acquired

Traction Capital, a Minnesota-based private equity and venture capital firm, has acquired Nu-Star, which owns the Power Pusher brand of powered wheelbarrows The division will be called TC Nu-Star.

The investment group reports that its dedication to customers will not change. It is committed to providing the highest quality products and exceptional customer service and the Nu-Star team will continue to be at your service and there will be no disruptions to TC Nu-Star's day-to-day operations.

This partnership with Traction Capital is not just about continuity; it's about growth and improvement, sources report. It aims to provide even more effective and efficient material handling solutions.

With the support of Traction Capital, TC Nu-Star plans to introduce cutting-edge technologies and advanced solutions into its product line. This will result in improved efficiency, safety and productivity, benefiting customers who are looking to find the best solutions to work challenges, sources report.