Announced
Synopsis
Warburg Pincus, a private equity firm, agreed to acquire Sundyne, a designer and manufacturer of mission critical flow control equipment, from BC Partners and The Carlyle Group. Financial terms were not disclosed. The transaction is expected to close in the first half of 2020, subject to regulatory approval. "We are excited to partner with Warburg Pincus as we continue to expand our product offering of highly engineered pumps and compressors and serve the growing demand from our customers. We are confident that working with Warburg Pincus will result in further acceleration through organic and strategic opportunities while building on the momentum we have achieved over the past fifty years," Mark Sefcik, Sundyne CEO.
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