FloWorks (Sunbelt Supply) Acquires Oliver Equipment Company

November 6, 2020

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.

Buyers
FloWorks International, Sunbelt Supply, Clearlake Capital Group, L.P.
Targets
Oliver Equipment Company
Platforms
Sunbelt Supply (FloWorks/Floworks flow solutions platform)
Location
Texas, United States
Transaction Type
Addon

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