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Clearlake Capital-Backed Floworks Acquires Semitorr

Jan 06, 2022•over 3 years ago

Acquiring Company

FloWorks

Acquired Company

SemiTorr

PasadenaManufacturingManufacturingCommerce And Shopping

Description

FloWorks, a specialty flow control distribution platform backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), today announced it has acquired SemiTorr Group ("SemiTorr" or the "Company"), a specialty fluid handling systems and components distributor. Financial terms of the transaction were not disclosed.

Company Information

Company

FloWorks

Location

Pasadena, Texas, United States

About

FloWorks is a holding company for several flow solutions providers including Sunbelt Supply, Oliver Equipment Company, Triple S, Major Inc. and National Valve. The company is a specialty supplier of industrial flow control products and an expert provider of tailored technical solutions for processing applications in the industrial markets. FloWorks is headquartered in Houston, Texas and operates 30 facilities worldwide, in addition to the solutions and specialty products for severe service applications provided by locations of subsidiaries Sunbelt Supply, Oliver Equipment Company, Triple S, Major Inc. and National Valve.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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