Cashco, a portfolio company of May River Capital, has acquired 3B Controls, a UK manufacturer of pressure and vacuum relief valves and tank safety equipment, based in Widnes, England. The deal adds UK production and service capacity. No deal value was disclosed.
Ceco Environmental completed the divestiture of its Fluid Handling (Global Pump Solutions) business to private equity firm May River Capital, which combined the Dean, Fybroc and Sethco pump brands into a new portfolio company, Tusk Industrial.
Chicago private equity firm May River Capital acquired the Global Pump Solutions business of CECO Environmental, including the Dean, Fybroc and Sethco pump brands. They will operate under a new portfolio company, Tusk Industrial, with sites in Telford, Pennsylvania and Indianapolis, Indiana.
Per sources cited by PE Hub, private equity firm May River Capital plans to launch a sale of wastewater pump manufacturer Industrial Flow Solutions in early 2025, with Baird as sell-side adviser. No deal value has been confirmed.
Industrial Flow Solutions agreed to acquire Dreno Pompe, an Italian maker of electrical submersible wastewater pumps based in Monselice, Padua. Dreno will keep its name and plant in the Veneto region.
May River Capital announced that its portfolio company Hunt Valve, a supplier of naval flow control valves and electromechanical actuators, has been acquired by Fairbanks Morse Defense, a portfolio company of Arcline Investment Management.
Whitehouse Industries Limited sold Flotronic Pumps Limited, a diaphragm pump maker, to US corporation Unibloc, backed by May River Capital; Lodders advised the seller.
Midwest private equity firm May River Capital has acquired Unibloc Pump, an Atlanta-area maker of positive displacement pumps, strainers and valves for sanitary applications. The deal was announced January 7, 2021.
May River Capital sold the pharma valve assets of MBF Stainless Valves (Montreal Bronze) to Richards Industrials, a portfolio company of Astor Place Holdings. The deal expands Richards' Steriflow division with MBF's sanitary diaphragm valve line. EC M&A was exclusive financial advisor to May River.
Hunt Valve Company, a May River Capital portfolio company, completed its acquisition of Pima Valve, a maker of severe-duty bronze marine valves in Chandler, Arizona, announced November 5, 2019.
Hunt Valve Co, a Salem, Ohio valve maker backed by May River Capital, acquired Montreal Bronze Ltd of Terrebonne, Québec, a supplier of severe-duty bronze marine valves. No financial terms were disclosed.
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.
Hunt Valve Company, a portfolio company of May River Capital, acquired the assets of Precision Technology, a maker of linear motion actuators for automation and material handling. The business will be rebranded as Hunt Valve Company Actuator Division.