J. Sloan & Co. Manages the Sale Process of Pump and Controls
DALLAS — January 4, 2023 — J. Sloan & Co. today announced it has managed the sale of Pumps and Controls to an industry buyer. The transaction closed on September 30, 2022, and terms were undisclosed.
Pump and Controls is a wholesale water treatment equipment supplier that was founded in 1986 and is based in Arlington, Texas. It was owned by company management, Peninsula Capital Partners, LLC and Ridge Capital Partners, LLC.
The industry buyer offers engineering expertise, technical support and service capabilities for a wide range of products including air equipment, pumps, valves, process control and industrial automation, among other product categories.
“We were proud to represent and support Pumps and Controls as transaction advisor in their acquisition,” said John Sloan, president and CEO of J. Sloan & Co. “This transaction comes during a unique and important time of consolidation in their industry.”
“Pump and Controls will join the industry buyer’s growing family of companies that act as a critical intermediary between suppliers and customers, and J. Sloan & Co. played a critical role in making this acquisition happen,” said Steven Beckett, Partner at Peninsula.
“Together, the combined entities will offer products and services that are essential to moving critical components across a wide range of industries and applications,” added Clark F. Davis, Managing Partner at Ridge Capital Partners.
Capital Times, based in Ukraine and a member of the Globalscope Partners alliance, aided in research during the transaction.
ABOUT J. SLOAN & CO
J. Sloan & Co. is a boutique investment firm founded by John Sloan and based in Dallas. It is involved in selling, buying and financing businesses on behalf of privately owned companies. Transactions involving family-owned businesses require special considerations, to achieve the goals of all family members. Specialties include companies engaged in the oil field service sector, recreational boating, retailing, consumer products, telecom, construction and others. Companies in these sectors are typically involved in manufacturing, service or distribution functions. Numerous financings have been completed with major international banks, public and private debt funds, private equity funds, high-net-worth individuals and family offices, on both a domestic and international basis. The relationships developed over years of successful transactions provide a broad universe of investors suited for the most demanding financial requirements. Learn more at jsloanco.com.