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KCM Capital has acquired Mobile, Alabama-based Industrial Valve Sales & Services LLC, a provider of specialty valve services and products, with financing from PNC Mezzanine Capital, Five Points Capital and Hancock Capital Management. Financial terms were not disclosed.
Svoboda Capital Partners sold industrial distributor Blake & Pendleton to Five Points Capital and the senior management team. Svoboda had acquired the company in June 2013 from KLH Capital.