Houston-based distributor Relevant Industrial, LLC says it has reached an agreement to acquire product-solutions company Rawson/ICD, Inc.
Financial details were not disclosed.
Relevant provides value-added distribution and service for instrumentation and automation, rotating equipment, valve, purification, and thermal equipment solutions.
As part of the transaction, Rawson/ICD’s commercial building automation team will be acquired by Building Controls & Solutions, headquartered in Dallas. With the addition of Rawson/ICD, Relevant is expected to have more than 400 employees throughout 35 U.S. locations, as well as strategically deployed sales resources covering a “robust geography to serve key customer markets,” the company said.
“Our company’s commitment to an exceptional customer experience and success for our supply partners will be amplified with the addition of Rawson/ICD to the Relevant Industrial family,” Relevant CEO John Carte said. “They have a customer-centric culture that directly aligns with Relevant’s mission. Additionally, Rawson/ICD’s recent performance shows that customers value their focus on cutting-edge solutions, which provides opportunities for growth for our suppliers and team members — a perfect fit with Relevant’s values.”