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.

Service

M&A sell-side

Parties

“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.

Talk to the deal team

Alex Kellison

Principal

Jacksonville, United States
Oaklins Heritage

View profile Get in touch

Daniel Edelman

Principal

Jacksonville, United States
Oaklins Heritage

View profile Get in touch

Related deals

Heka Dental has joined forces with Impilo to anchor focused buy-and-build strategy

Private Equity | Healthcare

Heka Dental has joined forces with Impilo to anchor focused buy-and-build strategy

Heka Dental, a leading Danish designer and manufacturer of premium dental treatment units, has been acquired by the Swedish private equity firm Impilo. The acquisition establishes Heka Dental as a strategic platform for consolidation in the European dental equipment market. Impilo will execute a focused buy-and-build strategy to accelerate growth and expand its footprint across Europe.

Learn more

GP-Connect has joined forces with Transformation Capital to accelerate growth

Private Equity | Business Support Services

GP-Connect has joined forces with Transformation Capital to accelerate growth

Transformation Capital, a Netherlands-based investment firm, has joined forces with GP-Connect, a leading international secondment platform with specialized brands serving the hospitality, IT, skilled labor, technical services and dental sectors. As part of the transaction, GP-Connect welcomes Transformation Capital as its new shareholder to support the company’s next phase of growth, while the founders and existing shareholders will remain actively involved. The partnership will focus on executing a targeted buy-and-build strategy, expanding the business internationally and further strengthening GP-Connect’s portfolio.

Learn more

Bjärnums Stålprodukter has been acquired by SBF Invest

Industrial Machinery & Components | Other Industries

Bjärnums Stålprodukter has been acquired by SBF Invest

Bjärnums Stålprodukter AB has successfully completed its ownership transition to SBF Invest and key employees, marking a successful succession for the business.

Learn more