ROSEMONT, Ill.--(BUSINESS WIRE)--FloWorks International LLC (“FloWorks”), a leading specialty distributor of critical flow control products and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, today announced the acquisition of Applied Controls LLC and AC Systems Integration LLC (collectively, “Applied Controls” or the “Company”).
Headquartered in Tulsa, OK, Applied Controls is a provider of industrial process controls and analyzer systems, serving a diverse customer base across industrial end markets. Applied Controls designs and delivers innovative process controls solutions for demanding customer applications.
Scott Jackson, CEO of FloWorks, said of the transaction, “Applied Controls has a long track record of technical expertise and customer service. We are excited to partner with Tim, Robb and the team at Applied Controls to accelerate the company’s growth. Applied Controls expands FloWorks’ product offering to include process controls, heat trace and analyzer systems which broadens the technical solutions for our customers.”
Tim Leger and Robb Vanskike, Founders of Applied Controls, said, “This is an exciting new chapter in our company’s history. We are thrilled to join forces with FloWorks and leverage the breadth of resources FloWorks provides.”
Applied Controls represents the fourth acquisition completed by FloWorks in the last twelve months.
Foley & Lardner LLP acted as legal advisor to FloWorks and Wynnchurch.
About FloWorks:
Headquartered in Houston, Texas, FloWorks is a leading specialty distributor of critical flow control products and provider of tailored technical solutions for MRO-focused applications. The Company serves customers across chemicals, downstream refining & renewables, high purity & sanitary, and other industrial end markets. FloWorks’ product categories include valves & automation, corrosion resistant flow control, rotating equipment, flanges, filters & purifiers, and instrumentation. For more information, please visit: www.gofloworks.com.
About Wynnchurch Capital:
Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with an affiliate in Canada, was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch manages a number of private equity funds with $9.2 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. Recently, Wynnchurch acquired Principal Industries, a leading provider of LED components and engineered assemblies. Other recent investments include: ORS Nasco, North America’s largest pure wholesaler of industrial MRO supplies; Hydraulic Technologies, a market leader in high-pressure hydraulic tools; and Reagent, the #1 specialty distributor of hydrochloric acid in North America. For more information, please visit: http://www.wynnchurch.com or follow us on LinkedIn.
