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Motion & Control Enterprises (MCE) acquired Power & Pumps, Inc., a Jacksonville, Florida distributor of pumps, drives, blowers and power transmission products serving Florida and Georgia.
Motion & Control Enterprises (MCE) acquired Precision Pump & Valve, a Lake Charles, Louisiana distributor and repairer of safety relief and control valves and pumps. PPV operates six facilities in Louisiana, Texas and Ohio. No deal value was disclosed.
Motion & Control Enterprises (MCE) acquired Nightwine Valves & Actuation, a Cleveland, Ohio distributor of flow control products such as valves, actuators and regulators serving Ohio, Pennsylvania and Kentucky. The deal was announced on November 1, 2022.
Motion & Control Enterprises, a Frontenac portfolio company, acquired Diversified Air Systems, an Ohio air compressor distributor, and Swanson Flo, a Minnesota process instrumentation distributor. LBC Credit Partners agented a senior secured credit facility to support the deals. The article is dated 22 February 2021.
