In early October, United Flow Technologies (UFT) announced it had completed the acquisitions of three providers of products and services to the municipal water and wastewater markets throughout the United States: Kodru-Mooney, Macaulay Controls Company and Iowa Pumps Works. Terms of the transactions were not disclosed.
United Flow Technologies, a portfolio company of global alternative investment firm H.I.G. Capital, said in an Oct. 5 news release that the acquisitions will accelerate its strategic entry into new geographies, product categories, and OEM partnerships.
As part of the transactions, UFT will partner with the existing leadership teams of each business to support their individual growth initiatives within an integrated and operationally cohesive UFT, officials said.
About the Acquired Companies
- Kodru-Mooney: Headquartered in Jordan, Minnesota, Kodru-Mooney is a provider of valve, gate, and actuation equipment and services for the municipal water, wastewater and industrial markets in North Dakota, South Dakota, Minnesota, Iowa, Nebraska, Wisconsin, and Northern Illinois. Kodru-Mooney represents original equipment manufacturers, providing clients with solutions and services.
- Macaulay Controls Company: Founded in 1965, Macaulay Controls Company is a partner to municipalities, water authorities, contractors, and engineering firms across Texas and Oklahoma – solving their needs in chemical feed, instrumentation, and analysis. Macaulay provides services including calibration, installation, and start-up assistance.
- Iowa Pump Works: Founded in 2010, Iowa Pump Works is a technical distributor and service provider of pumps for the municipal water, wastewater and industrial markets throughout the Midwest.