Clearlake Capital-backed FloWorks Acquires SemiTorr
Transformational acquisition of specialty flow control distribution platform enhances FloWorks’ product suite and establishes new end markets and geographies.
#VMAnews
Edited by Margo Ellis
FloWorks, a specialty flow control distribution platform backed by Clearlake Capital Group, L.P. announced it has acquired SemiTorr Group, a specialty fluid handling systems and components distributor. Financial terms of the transaction were not disclosed.
Founded in 1988 and based in Tualatin, OR, SemiTorr offers products and services to the high purity, sanitary and general industrials sectors. The company’s family of products includes processing equipment, pumps, tubing, hoses, fittings, valves, filtration and instrumentation, among others. SemiTorr provides end-to-end project management, including early-stage specifications, engineering, design, implementation and supply chain management. SemiTorr has completed several acquisitions over the last seven years, expanding to 11 distribution centers across the U.S. in OR, CA, AZ, UT, NM, CO, TX, VA, PA and NY.
Together with SemiTorr, FloWorks will have more than 40 branches globally, all strategically located in key markets to support customers focused on the chemical, sanitary, utility, refining semiconductor, microelectronics, life sciences, food and beverage, and general industrials end markets.
SemiTorr and its group of companies will operate as a standalone division within FloWorks and retain its brand. Kevin Waddell and his leadership team will continue to manage SemiTorr with support provided jointly by SemiTorr’s and FloWorks’ shared services teams.
“I am excited to welcome SemiTorr to the FloWorks platform as we continue to execute on our organic and M&A-driven growth strategies,” said Scott Jackson, president and CEO of FloWorks. “This combination provides an exciting opportunity to build on SemiTorr’s strong history in the high purity and sanitary end markets, while leveraging FloWorks’ deep experience in highly technical industrial markets, to accelerate our combined growth and cross sell within our collective market verticals. We look forward to partnering with Kevin and his team to build on SemiTorr’s significant momentum, while continuing our shared ‘customers first’ focus.”
“These two companies share a passion for providing customers with technical solutions and partnering with industry leading manufacturers, while building collaborative teams offering high touch local sales support and service,” said Mr. Waddell. “We are confident that this transaction will provide our customers with access to greater resources while offering the same attention to detail and ingenuity in providing flow solutions to challenging customer problems.”
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