Pfingsten Partners acquires Quality Valve, a safety and relief valve parts distributor

Pfingsten Partners acquired Quality Valve, Inc., a Mobile, Alabama distributor of OEM replacement parts for safety and relief valves, alongside founder Raymond McCaffrey III, who retained equity. The deal closed on July 27, 2018; no value was disclosed.

“Pfingsten acquired the company on July 27, 2018, marking the sixth platform investment for Pfingsten’s $382million Fund V.”valve-world-americas.com

• 1 source
• valve-world-americas.comPfingsten Invests in Quality Valve - Valve World AmericasAug 14, 2018

Summarized from public sources; check the original articles before acting on it.