FloWorks International LLC, a prominent distributor of critical flow control products and a portfolio company under Wynnchurch Capital, has acquired Assured Automation LLC. This acquisition aligns with FloWorks’ aggressive expansion strategy, marking its third acquisition within a twelve-month period. Assured Automation, based in Roselle, NJ, excels in distributing valve automation and flow meter products via its e-commerce platforms. According to Scott Jackson, CEO of FloWorks, this acquisition aims to enhance the company’s online sales and long-term growth. William Farrell, the founder of Assured Automation, expressed optimism about leveraging FloWorks’ resources. Previous acquisitions by FloWorks include Simtech Industrial Products LLC and AWC’s Process Solutions Division. Legal advisory for the deal was provided by Foley & Lardner LLP.
Private Equity, Flow Control Equipment, E-Commerce,United States, Canada
https://www.wynnchurch.com/news/floworks-acquires-assured-automation-representing-floworks-third-acquisition-in-the-last-12-months