IDEX Corporation Acquires Flow Management Devices, LLC

IDEX Corporation Acquires Mott Corporation

July 23, 2024

Manufacturing

IDEX Corporation has entered into and completed a definitive agreement to acquire Mott Corporation for $1.0 billion in cash (approximately $900 million net of present-value tax benefits). The acquisition brings Mott's sintered porous metal filtration and flow-control capabilities into IDEX's Health & Science Technologies segment to expand applied materials capabilities across semiconductor, medical, energy, space & defense, and water purification end markets.

MDX Technology Acquires Iceflow Technologies Limited

June 15, 2022

Cloud & SaaS

MDX Technology (MDXT), a London-based real-time data and workflow provider for financial institutions, has acquired Iceflow Technologies Limited, a low-code/no-code SaaS workflow solution developed by Graham Denyer. The acquisition brings Iceflow's rapid workflow and automation capabilities into MDXT's platform to accelerate post-trade, compliance and KYC processes and broaden MDXT's product capabilities for financial services clients.

DXP Enterprises Acquires PREMIERflow, LLC and Mid Atlantic Storage Systems Inc.

January 1, 2026

Industrial Services

DXP Enterprises, Inc. (NASDAQ: DXPE) completed the acquisitions of PREMIERflow, LLC and Mid Atlantic Storage Systems Inc., expanding its Innovative Pumping Solutions and Water capabilities. The deals, funded with cash on hand, add project capabilities in pump systems and liquid storage tanks to support DXP's water, wastewater, fire protection and data center end markets.

IDEX Corporation Acquires KZValve

March 30, 2022

Manufacturing

IDEX Corporation has acquired KZValve, a Greenwood, Nebraska–based manufacturer of waterproof motorized valves, manifolds, controllers and related precision farming components. KZValve will join IDEX's Agriculture group within the Fluid & Metering Technologies segment, complementing Banjo Corporation and expanding IDEX's agricultural and industrial fluid-management product portfolio.

Audax Private Equity Announces Strategic Growth Investment in Flow Control Holdings

March 9, 2022

Manufacturing

Audax Private Equity completed a strategic growth investment in Flow Control Holdings (FCH), a Chicago-based provider of sanitary and high-purity flow components serving food, beverage and pharmaceutical producers. The transaction follows The Edgewater Funds' sale of its ownership interest in FCH; Phil Pejovich will continue to lead the company alongside the existing management team.

Incline Equity Partners Partners with Industrial Air Flow Dynamics

August 9, 2022

Industrial Services

Pittsburgh-based private equity firm Incline Equity Partners has partnered with Industrial Air Flow Dynamics (IAFD), a Cleveland, Texas–based provider of non-turbine maintenance solutions and replacement parts for power plants. Incline will support IAFD’s growth plans—bolstering product and service offerings, expanding testing/inspection and specialty welding capabilities, and pursuing an acquisition strategy to expand service capabilities and geography.