Flow Control Group Acquires Smith Cameron Group from Krystal Growth Partners
July 2, 2021
Krystal Growth Partners sold its portfolio company Smith Cameron Group to US-based strategic buyer Flow Control Group on July 2, 2021. Tom Kramer will remain President under the new ownership; Krystal noted the sale concludes a successful 10-year partnership during which Smith Cameron completed six acquisitions and delivered strong revenue and EBITDA growth. Fort Capital Partners and Fasken Martineau DuMoulin LLP served as advisors to the sellers.
- Buyers
- Flow Control Group
- Targets
- Smith Cameron Group
- Sellers
- Krystal Growth Partners, Tom Kramer and Smith Cameron management
- Industry
- Industrial Services
- Location
- British Columbia, Canada
- Transaction Type
- Buyout
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