Control Devices, LLC Acquires Advanced Fuel Components, Inc.

Control Devices Acquires Sherwood Valve

January 12, 2026

Manufacturing

Control Devices, a portfolio company of HBM Holdings, has acquired Sherwood Valve to expand its compressed gas flow control portfolio and enhance engineering and manufacturing capabilities. The deal adds Sherwood's product lineup and brand (operations in Cleveland, Ohio and the Pittsburgh area) and brings about 75 employees to Control Devices; financial terms were not disclosed.

HBM Holdings Acquires Control Devices

October 29, 2021

Manufacturing

HBM Holdings has acquired Control Devices, LLC, a Fenton, Missouri-based designer and manufacturer of engineered flow-control products. Control Devices was previously a portfolio company of Goldner Hawn; terms were not disclosed and Control Devices' existing management will remain in place as HBM pursues a buy-and-build growth strategy in industrial components.

Control Devices, LLC Acquires Flexi-Hinge Valve Company, Inc.

December 22, 2015

Manufacturing

Control Devices, LLC acquired specific operating assets of Flexi-Hinge Valve Company, Inc., an asset purchase that serves as Control Devices' seventh add-on. The deal expands Control Devices’ flow-control product line by adding Flexi-Hinge’s check valve technology used across municipal and industrial applications, while preserving product and customer continuity.

Applied Industrial Technologies Acquires Advanced Control Solutions

October 7, 2020

Industrial Services

Applied Industrial Technologies has acquired Advanced Control Solutions (ACS), a Southeast-based provider of machine vision, robotics, sensors, and automation engineering services. The deal adds ACS's 43-person team and four Southeastern locations to Applied's automation offerings to expand capabilities, cross-sell solutions, and deepen presence in life sciences, packaging & logistics, industrial manufacturing, and automotive end markets.

Flow Control Management Acquires Aquatrol Inc.

May 1, 2025

Manufacturing

Flow Control Management (FCM), a holding company sponsored by The Edgewater Funds, has acquired Aquatrol Inc., a U.S. manufacturer of safety and pressure relief valves headquartered in Elburn, Illinois. The add-on expands FCM's valve product offering and capabilities in safety and pressure relief valves to support its flow-control platform.

Control Devices Acquires Gilmore

January 29, 2024

Manufacturing

Control Devices, a portfolio company of HBM Holdings, has acquired Gilmore, a Houston-based manufacturer of severe service flow control valves. The acquisition expands Control Devices' flow control product offering and strengthens HBM's capabilities and presence in the oil & gas energy market; approximately 100 employees will join HBM/Control Devices as part of the deal.