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.
David Williams
Owner, Power & Pumps, Inc.
Talk to the deal team
Related deals
F.EE has been acquired by One Equity Partners
F.EE GmbH, one of Germany’s leading providers of innovative solutions in mechanical engineering, automation hardware, cabinet control, software and robot programming, has been acquired by One Equity Partners. This transaction will strengthen the private equity firm’s operations in the industrial automation space. The sellers have reinvested and will remain involved in the business for the coming years.
Learn moreSun European Partners has secured financing to support its acquisition of B&H Worldwide
Sun European Partners has raised debt facilities to support its acquisition of B&H Worldwide.
Learn moreParcom has sold Krifon to Varro
Krifon AS, a leading Nordic B2B distributor specializing in home and garden products, has been acquired by Varro. The transaction marks a new chapter for the company as it continues to strengthen its position as a trusted category partner to leading DIY chains, garden centers and furniture retailers in Norway.
Learn more