Motion and Flow Control Products Inc., a Denver, CO-based distributor of fluid connectors, fluid power equipment, instrumentation products and seals, has acquired Hydraulic Energy Products Inc. to enhance its hydraulic repair capabilities in the Colorado market and surrounding states.
HEP, located in the Denver area, specializes in the repair of hydraulic pumps, motor, valves and cylinders for municipalities, railroads and industrial applications.
Motion and Flow Control Products serves industrial customers in Colorado, Utah, New Mexico, Wyoming, Oregon, Idaho, Washington and California. MFCP is a distributor for motion and flow control products supporting OEM and maintenance and repair (MRO). It operates 23 ParkerStores throughout 11 western states.
John Niemi, president and CEO of Motion and Flow Control Products, said HEP’s staff will complement MFCP’s existing skill set and allow the combined company to uncover new opportunities with existing customers. “With HEP, we’ll gain a team of talented hydraulic engineers, a deep roster of repair technicians familiar with hydraulic power unit systems, field service capabilities and state-of-the-art equipment to increase our fabrication capabilities,” he said.
Like MFCP, Hydraulic Energy Products is well-known for its MRO operations, and the services in which it specializes are important to Motion and Flow Control Products’ core customers in the oil and gas industry. “Our customers are looking for a single-source for all hydraulic repair services, and now we can be that single source,” Niemi said.
Motion and Flow Control Products, backed by private equity firm Colville Capital, was formed in 2011 when McCoy Sales was joined with Fluid Connector Products Inc. to create a Parker Hannifin distribution network in the western U.S.
Mark Mealy, Colville Capital’s Managing Partner, says the HEP acquisition fits with Colville’s long-term strategy because it allows MFCP to better serve an existing market segment with a new set of skills.
