Quality Valve (Pfingsten) Acquires Griffco Valve

Graco Inc. Acquires Valco Melton

May 21, 2026

Industrial Services

Graco Inc. entered into a definitive agreement to acquire Valco Melton, a global provider of precision adhesive application and quality assurance systems, for $447 million in cash (including the present value of approximately $40 million in expected tax benefits). The transaction is expected to close in Graco’s fiscal third quarter after customary closing conditions are satisfied.

United Flow Technologies Acquires Quality Controls, Moss-Kelley and GP Jager

April 4, 2025

Industrial Services

United Flow Technologies (a portfolio company of H.I.G. Capital) has acquired Quality Controls, Inc. from its owners and announced the strategic add-on acquisitions of Moss-Kelley and GP Jager to expand UFT's regional density and capabilities across the Eastern U.S. PKF Investment Banking served as exclusive financial advisor to Quality Controls. The acquisitions bolster UFT's footprint in the municipal and industrial water and wastewater markets and add distribution and manufacturers' representative capabilities.

Venturi Supply Acquires Cohn & Gregory Supply

October 23, 2024

Industrial Services

Venturi Supply, a PE-backed industrial distributor, has acquired Cohn & Gregory Supply, a Fort Worth-based PVF (pipe, valve, fitting) distributor. Backed by Trive Capital, the deal expands Venturi's distribution footprint in Texas, adds eight locations and complementary industrial end markets, and bolsters Venturi's custom fabrication capabilities.

The Stephens Group Acquires Quality Valve

December 8, 2022

Industrial Services

The Stephens Group, a Little Rock-based private investment firm, acquired Quality Valve, Inc., a Mobile, Alabama-based distributor of OEM valve replacement and repair parts, from Pfingsten. The transaction closed on December 6, 2022 for undisclosed terms; Audax Private Debt provided debt financing and Lincoln International served as debt advisor.

Pfingsten Acquires Fowler High Precision

September 7, 2022

Manufacturing

Pfingsten, an operationally focused private equity firm, acquired Fowler High Precision, a Canton, Massachusetts-based manufacturer and distributor of dimensional metrology tools and calibration services. The acquisition (completed August 29, 2022) is a platform investment for Pfingsten's Fund V and aims to expand Fowler's product categories and calibration/repair capabilities both organically and through add-on acquisitions.

Severn Group Acquires ValvTechnologies

November 6, 2021

Manufacturing

Severn Group has acquired ValvTechnologies, a Houston-based leader in metal-seated, zero-leakage isolation valves, expanding the group's severe-service valve capabilities and aftermarket services. The deal was funded by private equity firm Bluewater (which invested in Severn Group in 2019) and is intended to broaden Severn's international presence and end-market coverage while ValvTechnologies retains operational independence.