Applied Controls Sells to Wynnchurch Capital Enhancing Growth
Applied Controls Corporation Makes Strategic Move with Acquisition by Wynnchurch Capital
In a significant development in the industrial sector, Applied Controls is set for a promising future after its recent acquisition by Wynnchurch Capital. Generational Group, a distinguished mergers and acquisitions advisory firm, has successfully guided Applied Controls through this transition, setting the stage for new growth opportunities and a stronger competitive edge.
Who is Applied Controls?
Applied Controls specializes in providing industrial process controls and analyzer systems. The company caters to a wide range of clients across various industrial sectors, delivering innovative solutions tailored to meet demanding customer needs. This robust foundation has positioned Applied Controls as a dependable partner in the markets it serves.
Leadership Insights
Tim Leger and Robb Vanskike, founders of Applied Controls, expressed their enthusiasm regarding the sale, stating, "This is an exciting new chapter in our company’s history. We are thrilled to join forces with FloWorks and leverage the breadth of resources that association provides." Their excitement reflects the anticipation of enhanced capabilities and resources that will be available through this partnership.
Introducing FloWorks International LLC
FloWorks International LLC, recognized as a leading specialty distributor of critical flow control products, plays a crucial role in this acquisition. The firm is renowned for its extensive portfolio, which includes products such as valves, automation solutions, and corrosion-resistant flow control equipment. This partnership not only expands the market offerings of FloWorks but also enhances their service capabilities for industries demanding high-purity applications.
FloWorks Vision
Scott Jackson, the CEO of FloWorks, shared his perspective on the acquisition: "Applied Controls has a long track record of technical expertise and customer service. We are excited to partner with Tim, Robb, and the team at Applied Controls to accelerate the company’s growth." His comments underline the strategic alignment and mutual benefits expected from this collaboration.
Wynnchurch Capital: A Strategic Partner
Wynnchurch Capital, a well-regarded private equity firm based in Rosemont, Illinois, specializes in middle-market investments across various industries. Their comprehensive approach to enhancing operations and driving growth aligns perfectly with the aspirations of Applied Controls. Since its inception, Wynnchurch has worked diligently to form partnerships that foster long-term success.
Generational Group's Role
Michael Goss, Executive Managing Director for M&A at Generational Group, and his dedicated team played a pivotal role in facilitating this significant transaction. They worked closely with both Applied Controls and FloWorks to ensure a seamless transition, marking a milestone achievement for all parties involved.
Future Directions
This acquisition represents a transformational move that will enable Applied Controls to enhance its product offerings, particularly in the areas of process controls, heat trace, and analyzer systems. The integration of these capabilities will provide FloWorks with a more diversified portfolio, ultimately benefiting their clients across multiple sectors.
Concluding Thoughts on the Acquisition
Jon LePage, Senior Vice President at Generational Group, remarked on the quality of the organizations involved, praising the talented teams at both Applied Controls and FloWorks. He noted, "Tim and Robb built a remarkable company that is trusted throughout the market. FloWorks is a powerhouse sharing the same core values, making it the perfect partner." This sentiment echoes the collective optimism surrounding the future of Applied Controls within the expansive FloWorks network.
About Generational Group
Generational Group, headquartered in Dallas, is an award-winning full-service business advisory firm dedicated to helping business owners enhance their wealth through comprehensive advisory services. With a robust team of over 350 professionals across North America, they offer a suite of services including growth consulting, mergers and acquisitions, business valuations, and wealth management services.
Frequently Asked Questions
What are the primary services provided by Applied Controls?
Applied Controls specializes in industrial process controls and analyzer systems, offering innovative solutions tailored to various sectors.
Who led the advisory for the acquisition?
The acquisition was facilitated by the Generational Group, specifically by Executive Managing Director Michael Goss and Senior Vice President Jon LePage.
What benefits does this acquisition bring to FloWorks?
This acquisition enhances FloWorks’ product offerings and provides greater technical solutions to their clients, increasing their competitive advantage.
How does Wynnchurch Capital support the companies it invests in?
Wynnchurch Capital focuses on driving growth and enhancing operations while creating long-term value for the companies within their portfolio.
What is the strategic vision of Applied Controls post-acquisition?
Post-acquisition, Applied Controls aims to leverage the resources and expertise of FloWorks to accelerate their growth and expand their market capabilities.
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