On April 18, Port Orange, Florida-based Thompson Pump announced that its distributor Florida Pumping Solutions (FPS) has acquired American Sock & Dewatering. Financial details of the transaction were not disclosed.
The acquisition of Edgewater, Florida-based American Sock allows FPS to provide a full range of construction dewatering services from start to finish, including socking, according to a news release. Socking — a technique used to prevent water intrusion during excavation and construction — is an important phase of construction in North Florida due to the region’s low-lying terrain and heavy rain and flooding.
“This move not only cements us as a leader in the pumping industry, but it ensures we are supplying even greater value to our customers – with more efficiency and faster project completion times, helping to cut down on costs,” FPS General Manager Jay Friemark said in the release. “With FPS and Thompson Pump’s products, our customers know they are getting the best service, most experienced crews, more reliable equipment and overall, the best value for their socking project.”
American Sock manager David Martin, who has run his company for over 25 years, and the rest of his team will join St. Augustine, Florida-based FPS, according to the release.
“We are so excited for FPS and their acquisition of American Sock, and we look forward to supporting them in their growth,” Thompson Pump President Chris Thompson said in the release.