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Industrial Flow Solutions, a portfolio company of May River Capital, acquired Stancor LP of Monroe, Connecticut and BJM Pumps of Old Saybrook, Connecticut, in a merger with the sellers Longview Asset Management and Knox Capital. No financial terms were disclosed.
Private equity firm May River Capital, with Longview Asset Management and Knox Capital Holdings, merged Stancor LP with BJM Pumps LLC in Q1 2019.
Private equity firm May River Capital has completed its acquisition of BJM Pumps, LLC, a maker of submersible pumps, forming the first acquisition of its new Industrial Pump platform. Terms were not disclosed.