#USA #Jacksonville #Heritage Capital #Florida Powertrain #Winterford Capital

Heritage Capital Group Forms Strategic Partnership for Florida Powertrain

Overview

On November 21, 2025, Heritage Capital Group, Inc., a financial advisory firm dedicated to supporting middle-market and emerging growth companies, announced a significant partnership between its client, Florida Powertrain Hydraulics, Inc. (Florida Powertrain), and Houston's Winterford Capital LLC (Winterford). This collaboration aims to bolster Florida Powertrain's growth trajectory while maintaining the company's longstanding culture and commitment to exceptional service.

About Florida Powertrain

Founded in 1953, Florida Powertrain is a family-owned enterprise steeped in tradition and led by the Powers family, including President Steve Powers and Vice President Bill Powers. The company has grown over the decades into a reputable name within the state, operating four main locations in Jacksonville, Orlando, Tampa, and Miami. Florida Powertrain specializes in providing powertrain and hydraulic components tailored for a range of sectors, including commercial and industrial applications. Their extensive offerings encompass power take-offs, drivelines, and hydraulic systems, supported by comprehensive in-house capabilities such as design, fabrication, repair, and aftermarket services.

Winterford Capital’s Role

Winterford Capital stands as an investment firm with a keen focus on collaborating with exceptional family- and founder-owned entities in the lower-middle market, particularly in the industrial sector. The firm's strategic approach is centered on cultivating authentic partnerships grounded on operational enhancements and strategic investments, ultimately aiming to empower businesses and their teams to flourish in the long run.

The Advisory Process

Steve Powers commended Heritage Capital for their integral role throughout the partnership negotiation, stating, "It was a pleasure working with Heritage throughout our transaction. Joe Hawkins and the deal team demonstrated a profound understanding of our business, identifying strategic opportunities that propelled the process forward. Their expertise and meticulous attention to detail were critical in navigating each step effectively."

Joe Hawkins, representing Heritage Capital Group, commented on the significance of this partnership, saying, "Florida Powertrain has built a respected legacy across the state over the past seventy years. Our objective was to connect the company with a partner that would not only support their next growth chapter but also honor their culture, retain employees, and sustain the high service standards their customers expect."

Conclusion

With this partnership, Florida Powertrain is poised to leverage Winterford Capital's expertise, aiming for enhanced operational efficiencies and strategic growth initiatives. Heritage Capital Group will continue to serve as the exclusive advisor throughout this transition, ensuring that the values and services that define Florida Powertrain remain steadfast as the company embarks on this exciting new chapter. The details of the transaction have not been disclosed, but the commitment to establishing a flourishing future is evident.

In sum, this alliance marks a pivotal step for Florida Powertrain as it seeks to navigate the evolving landscape of the industry while remaining committed to its heritage, employees, and customers alike.