Wynnchurch Capital Acquires Majority of FloWorks International - Modern Distribution Management

Wynnchurch Capital Acquires Majority of FloWorks International

Backed by Clearlake Capital Group, FloWorks made an acquisition this past August.
floworks-nf1

Illinois-based Wynnchurch Capital announced Jan. 24 its acquisition of a majority ownership in FloWorks International from fellow private equity firm Clearlake Capital Group. Financial terms of the transaction were not disclosed, though Clearlake retains a minority stake in the business moving forward, according to a news release.

MDM’s M&A Virtual Summit, to be held Feb. 21-22, has something to offer for any distributor on the dealmaking spectrum. We’ll cover the current state of M&A; how to maximize valuation; integration do’s and don’ts; ESOPs; the culture side of the M&A process; and more. Get details and register here.

Founded in 2010, Houston-based FloWorks is a distributor of critical flow control products and a provider of tailored technical solutions for MRO-focused applications. FloWorks acquired Jacksonville, Florida-based valve distributor Flotech in August.

“We have built a strong reputation for providing specialty flow control solutions used in critical applications to our customers,” FloWorks CEO Scott Jackson said in the release. “We are excited to partner with Wynnchurch to further grow our business and expand our product and service offering.”

“FloWorks has built an impressive platform with unique OEM partnerships and diverse end user relationships,” Wynnchurch vice president Kevin Hanley said in the release. “We look forward to working with the FloWorks leadership team as the Company continues to execute on exciting organic initiatives and strategic M&A.”

Other recent Wynnchurch investments include MRO products and services distributor Industrial Service Solutions, protective packaging manufacturer FCA, and mattress retailer Mattress Warehouse.

See MDM’s Investment Bank Directory for a rundown of the key investment banks and advisory firms in the distribution sector.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.