Flow control and process equipment distributor Tencarva Machinery announced Aug. 22 that the company has acquired Fischer Process Industries — a distributor of pumps, valves and process equipment based in Loveland, Ohio.
Greensboro, North Carolina-based Tencarva said Fischer Process’ existing management team, including president Ken Fischer, will remain with the company.
Terms were not disclosed for the deal, which marks the first acquisition for Tencara since it was bought by New York-based private investment firm Bessemer Investors LLC in November 2021.
“Fischer Process Industries has a long track record of success, a skilled management team and strong service capabilities,” said Ed Pearce, president of Tencarva. “The partnership brings the addition of valves to Tencarva’s product line and gives us access to new markets in Indiana, Kentucky and Ohio while bolstering our presence in Georgia. Fischer Process and Fischer Process-South, which will also join us, are the perfect complement to Tencarva’s existing platform, which we plan to continue expanding through strategic acquisitions.”
Fischer Process has additional locations in Alpharetta, Georgia, Owensboro, Kentucky, Marietta, Ohio and Indianapolis, Indiana — serving customers in Ohio, Indiana, Kentucky, West Virginia and Georgia. The company offers full applications engineering capability and complete repair and service centers for rotating equipment and liquid handling equipment in each of its locations.
Mr. Fischer commented, “We’re very excited about our partnership with Tencarva, which allows us to run a larger platform with the benefit of scale as we grow our business,” Ken Fischer said. “Tencarva introduces us to a broader customer and vendor base and enhances our service capabilities in addition to improving back-office efficiencies.”
It expands Tencarva’s geographical reach beyond the U.S. southeast into the Midwest and brings its headcount to nearly 400 across 28 locations. Tencarva also goes to market under the brands of Southern Sales, Saladin Pump & Equipment, Hudson Pump & Equipment, ESSCO Service & Sales, and Uniguard Machine Guards.