Kele, Inc. Acquires AC Controls and AC Technical Services (ACC)

March 6, 2024

Kele, Inc., a portfolio company of The Stephens Group, acquired AC Controls and AC Technical Services ("ACC") to expand its industrial automation offerings and geographic footprint in the U.S. Southeast. The deal adds valve automation, systems integration, field technical services and distribution capabilities to Kele's industrial platform and will be integrated with The Kele Companies' existing businesses.

Buyers
Kele, Inc., The Stephens Group, LLC
Targets
AC Controls and AC Technical Services (ACC)
Platforms
Kele, Inc.
Location
North Carolina, United States
Transaction Type
Addon

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