Flow Control Group (KKR Portfolio) Acquires Shaltz Automation

KKR Acquires Flow Control Group from Bertram Capital

February 17, 2021

Industrial Services

KKR has entered into an agreement to acquire Flow Control Group, a leading North American distributor of flow control, fluid handling and industrial automation products, from Bertram Capital. Headquartered in Charlotte, North Carolina, Flow Control Group serves over 10,000 customers and 2,000 suppliers; KKR is investing through its Americas XII Fund and terms were not disclosed.

FloWorks Acquires Slater Controls

October 20, 2025

Industrial Services

FloWorks International LLC, a Houston-based specialty distributor and portfolio company of Wynnchurch Capital, has acquired Slater Controls LLC, a distributor of valve automation, instrumentation, and relief valves with four locations across Texas, New Mexico, and Arizona. The deal is an add-on acquisition intended to expand FloWorks' product portfolio, geographic footprint, and cross-selling opportunities under Wynnchurch's ownership.

Flow Control Holdings (Audax PE) Acquires Strahman Holdings from CID Capital

July 19, 2023

Manufacturing

Flow Control Holdings, a portfolio company of Audax Private Equity, has acquired Strahman Holdings from Indianapolis-based private equity firm CID Capital II. Strahman, a Bethlehem, Pennsylvania-based manufacturer of washdown equipment, sampling valves and valve automation serving pharmaceutical, food & beverage and industrial markets, will join Flow Control’s platform as an add-on to expand product capabilities and end-market coverage.

SCIO Automation Group Acquires Industrial Automation LLC

September 2, 2020

Industrial Services

SCIO Automation Group has acquired Industrial Automation LLC, giving the group its first direct presence in North America. The acquisition expands SCIO’s automation capabilities—ranging from small robot cells to complete production lines—and supports the group’s internationalisation strategy.

Flow Control Group Acquires Smith Cameron Group from Krystal Growth Partners

July 2, 2021

Industrial Services

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.

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.