Announced
Financials
Sources
Tags
Majority
Domestic
Pending
Private
Machinery: Industrial
fluid handling systems
Friendly
Private Equity
United States
Acquisition
Single Bidder
Synopsis
KKR & Co agreed to acquire Flow Control Group, a distributor of mission-critical flow control and industrial automation products, from private equity firm Bertram Capital for $984m. "Flow Control Group stands out for their proven ability to be a strategic partner and consultative, technical resource for customers’ critical flow control and industrial automation product needs. We are excited to work together with David Patterson and the entire team at Flow Control Group to further expand the company’s reach, while remaining an excellent partner to their OEM suppliers and continuing to be a value-added team member for their customers," Josh Weisenbeck, KKR Partner.
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