Power & Pumps has been acquired by Motion & Control Enterprises
May 2023 — 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.
Our role in the transaction
Oaklins Heritage in Jacksonville served as the intermediary and exclusive financial advisor to the seller in this transaction.
David Williams
Owner, Power & Pumps, Inc.
Contáctese con el equipo de la transacción
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