Clearlake-Backed FloWorks Acquires SemiTorr Group

FloWorks (Clearlake-Backed) Acquires netMercury

June 29, 2022

Industrial Services

FloWorks International LLC, a specialty flow control distribution platform backed by Clearlake Capital Group, acquired netMercury, a distributor of critical parts and services for integrated circuit fabrication and high-technology industries. The add-on expands FloWorks' product suite and geographic footprint (adding netMercury's Dallas, Austin and Phoenix locations) to enhance service to semiconductor, microelectronics and broader industrial end markets.

Clearlake-backed FloWorks Acquires Genesis Systems

September 13, 2021

Industrial Services

FloWorks, the Clearlake Capital-backed flow solutions platform, has acquired Genesis Systems, a Garland, Texas-based distributor of control valves, regulators and valve automation products. The add-on expands FloWorks' distribution and valve automation capabilities and extends its customer reach across industrial end markets including petrochemical, power generation and semiconductors.

Clearlake-backed FloWorks Acquires Flotech

August 8, 2022

Industrial Services

FloWorks International LLC, a specialty flow control distribution platform backed by Clearlake Capital, has acquired Flotech, Inc., a value-added distributor and servicer of industrial valves across the U.S. Southeast. The deal adds Flotech's three service locations (Jacksonville, FL; Charleston, SC; Mobile, AL) to FloWorks' network of 50+ branches to expand product offerings (including pressure relief valves) and accelerate end-market growth; financial terms were not disclosed.

Wynnchurch Capital Acquires Majority Stake in FloWorks from Clearlake

January 24, 2023

Industrial Services

Wynnchurch Capital has acquired a majority ownership of FloWorks International, LLC from Clearlake Capital, with Clearlake retaining a minority stake. FloWorks, headquartered in Houston, is a specialty distributor of flow control products and provider of technical MRO solutions; the recapitalization is intended to support continued organic growth and strategic M&A to expand the platform.

FloWorks (Sunbelt Supply) Acquires Oliver Equipment Company

November 6, 2020

Industrial Services

FloWorks International, an affiliate of Sunbelt Supply backed by Clearlake Capital Group, acquired Oliver Equipment Company (OEC), a Houston-based provider of specialty rotating equipment, onsite services and custom packaged systems. The add-on expands Sunbelt/FloWorks' flow solutions platform into rotating equipment and packaged systems; OEC's leadership will remain and terms were not disclosed.

SemiTorr (Transom Capital-backed) Acquires M-I-C Inc.

November 17, 2020

Industrial Services

SemiTorr Group, a Transom Capital Group–backed distributor of sanitary and industrial instrumentation, has acquired California-based distributor and manufacturers' representative firm M-I-C Inc. The add-on expands SemiTorr's presence in Northern California and diversifies its product and customer base across biotech, pharmaceutical and industrial end markets; terms were not disclosed.