Allez à nos transactions
Placements Privés | Machinerie Industrielle et Composantes

Power & Pumps has been acquired by Motion & Control Enterprises

The shareholders of Power & Pumps, Inc. have sold the company to Motion & Control Enterprises (MCE).

Power & Pumps is a leading distributor of power transmission products, pumps, electric motors and drives, and other related equipment from some of the industry’s top manufacturers, serving both the industrial and municipal water/waste water markets in Florida and Georgia. Headquartered in Jacksonville, Florida, the company is also the master distributor in North America for All Prime Pumps, a line of self-priming pumps sold to municipal and industrial end-users and resellers. The company also performs repairs and other value-services for its customer base.

Founded in 1951, MCE is a leading supplier of technical fluid power, automation, flow control, compressed air and lubrication products, repair and services, and bespoke solutions. It serves more than 23,000 MRO and OEM customers from 38 facilities located in 13 states. MCE is majority-owned by Frontenac, a Chicago-based private equity firm that invests in middle market buyout transactions in consumer, industrial and services markets.

Oaklins Heritage in Jacksonville served as the intermediary and exclusive financial advisor to the seller in this transaction.

Services
Vente d'entreprise
Parties prenantes
«Going into this process, I had no idea how critical Oaklins Heritage would be to making this deal happen and to my eventual bottom-line. The team’s work ethic was undeniable and I felt like everything they did was in my best interest. After closing, the icing on the cake was when the buyer, who had completed 12 acquisitions in the 24 months prior, looked me in the eyes and said: ‘Heritage did an excellent job for you – it was a pleasure working with such consummate professionals’.»

David Williams

Owner, Power & Pumps, Inc.

Contacter l'équipe de la transaction

Alex Kellison

Alex Kellison

Chef de la direction
Jacksonville, États-Unis
Oaklins Heritage
Voir le profil Entrer en contact
Daniel Edelman

Daniel Edelman

Chef de la direction
Jacksonville, États-Unis
Oaklins Heritage
Voir le profil Entrer en contact

Transactions connexes

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
Placements Privés | Construction et Ingénierie | Énergie | TMT

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.

En apprendre plus
East Metal has been acquired by management and private investors
Machinerie Industrielle et Composantes

East Metal has been acquired by management and private investors

The Latvia-based metalworking company East Metal has been acquired from its former Danish owner, East Metal Holding, through a management buy-out (MBO) by a group of private investors, the current owners of Valpro, in partnership with the local management team. Financing for the transaction was provided by Signet Bank.

En apprendre plus
Quantum Base Holdings plc has completed its official admission to AIM
Machinerie Industrielle et Composantes

Quantum Base Holdings plc has completed its official admission to AIM

Quantum Base began trading on the London Stock Exchange’s AIM market under the ticker QUBE following a US$6.4 million (£4.8 million) fundraising round. The company develops Q-ID tags, a quantum-based authentication technology designed to prevent counterfeiting by leveraging atomic-level randomness. Proceeds from the listing will fund product development and commercial expansion, including new operational and commercial hires.

En apprendre plus