Announced
Completed
Financials
Sources
Tags
Majority
Friendly
Machinery: Specialty
gas purity systems
fluid handling systems
United States
Private Equity
Private
Domestic
Acquisition
Single Bidder
Completed
Synopsis
Clearlake Capital-backed FloWorks, a specialty flow control distribution platform, completed the acquisition of SemiTorr, a specialty fluid handling systems and components distributor. Financial terms were not disclosed. "I am excited to welcome SemiTorr to the FloWorks platform as we continue to execute on our organic and M&A-driven growth strategies. This combination provides an exciting opportunity to build on SemiTorr's strong history in the high purity and sanitary end markets, while leveraging FloWorks' deep experience in highly technical industrial markets, to accelerate our combined growth and cross sell within our collective market verticals. We look forward to partnering with Kevin and his team to build on SemiTorr's significant momentum, while continuing our shared 'customers first' focus," Scott Jackson, FloWorks President and CEO.
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