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Audax Private Equity completed a strategic growth investment in Flow Control Holdings, a Chicago-based supplier of sanitary and high-purity flow components for food, beverage and pharmaceutical producers. Financial terms were not disclosed.
KKR has agreed to acquire Flow Control Group, a Charlotte, North Carolina distributor of flow control and industrial automation products, from Bertram Capital. Financial terms were not disclosed.
KKR agreed to acquire Flow Control Group, a Charlotte-based maker of pumps, valves and air compressors, from Bertram Capital. Terms were undisclosed, though a source said the deal values the company above $1 billion including debt.
