# A. O. Smith completes acquisition of Leonard Valve from Bessemer Investors

Bessemer Investors has completed the sale of Leonard Valve Company, a Cranston, Rhode Island maker of water temperature control valves and mixing systems, to A. O. Smith Corporation. The deal was first agreed in November 2025.

- Type: Acquisition
- Announced: 2026-01-06
- Where: Cranston, Rhode Island, United States
- Value: $470.0M
- Status: completed
- Products: water temperature control valves, thermostatic mixing systems, boiler controls
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Bessemer Investors](https://endata.com/companies/6216.md) (partner)
- [Leonard Valve Company](https://endata.com/companies/6217.md) (target)
- [A. O. Smith](https://endata.com/companies/12261.md) (acquirer)

## Sources

- [bessemerinvestors.com](https://www.bessemerinvestors.com/news/bessemer-investors-announces-sale-of-leonard-valve-company-to-a-o-smith-corporation), 2026-01-06: "Bessemer has completed the sale of Leonard Valve to A. O. Smith Corporation ("A. O. Smith") (NYSE: AOS)."
- [prnewswire.com](https://www.prnewswire.com/news-releases/a-o-smith-completes-acquisition-of-leonard-valve-company-302654333.html), 2026-01-06: "announced today that it has completed the acquisition of LVC Holdco LLC ("Leonard Valve") for $470 million, subject to customary adjustments."
- [viewer.joomag.com](https://viewer.joomag.com/valve-world-magazine-february-2026/0212738001770041076/p55), 2026-02-16: "A. O. Smith Corporation has signed a definitive agreement to acquire LVC Holdco LLC (Leonard Valve) of Cranston, Rhode Island, for USD 470M"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.