Clearlake-backed FloWorks Acquires Flotech
August 8, 2022
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.
- Targets
- Flotech, Inc.
- Sellers
- Goelz family / Flotech principals
- Platforms
- FloWorks International LLC
- Industry
- Industrial Services
- Location
- Florida, United States
- Transaction Type
- Addon
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