M&A Deal Summary

CIRCOR Acquires Critical Flow Solutions

On October 13, 2016, CIRCOR acquired energy services and equipment company Critical Flow Solutions from Sun Capital Partners for 210M USD

Acquisition Highlights
  • This is CIRCOR’s 3rd transaction in the Energy Services and Equipment sector.
  • This is CIRCOR’s 2nd largest (disclosed) transaction.
  • This is CIRCOR’s 5th transaction in the United States.
  • This is CIRCOR’s 1st transaction in Utah.

M&A Deal Summary

Date 2016-10-13
Target Critical Flow Solutions
Sector Energy Services and Equipment
Buyer(s) CIRCOR
Sellers(s) Sun Capital Partners
Deal Type Add-on Acquisition
Deal Value 210M USD

Target

Critical Flow Solutions

Sandy, Utah, United States
Critical Flow Solutions is a provider of broad range of products and services to the petroleum refining industry. The DeltaValve brand is the market leader and offers solutions for the delayed coking process in refineries. The TapcoEnpro brand provides market leading solutions for the fluid catalytic cracking process in refineries.

Search 193,092 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

CIRCOR

Burlington, Massachusetts, United States

website


Category Company
Founded 1999
Sector Machinery
Employees2,500
Revenue 787M USD (2022)
DESCRIPTION

CIRCOR is a designer, manufacturer, and marketer of highly engineered products and sub-systems used in the energy, aerospace and industrial markets. CIRCOR was established in 1999 and is headquartered in Burlington, Massachusetts.


DEAL STATS #
Overall 12 of 13
Sector (Energy Services and Equipment) 3 of 3
Type (Add-on Acquisition) 10 of 10
State (Utah) 1 of 1
Country (United States) 5 of 6
Year (2016) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-16 Schroedahl

Reichshof, Germany

Schroedahl is a development and manufacturing of high class specialty valves for power stations, industrial plants as well as for production, transport and refining systems in the oil and gas sector.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-25 Colfax - Fluid Handling Business

Annapolis, Maryland, United States

Colfax Corp. - Fluid Handling Business is a manufacturer of handling products and services.

Buy $542M

Seller(S) 1

SELLER

Sun Capital Partners

Boca Raton, Florida, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1995
PE ASSETS 13.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Sun Capital's corporate headquarters in Boca Raton, Florida.
Sun Capital's corporate headquarters in Boca Raton, Florida.

Sun Capital Partners is a large private equity firm focused on leveraged buyouts, equity, debt, and other control investments in North America, Asia, and Europe. Sun looks for businesses that can benefit from the Firm's operating experience including underperformers, turnarounds, and special situations. Target companies typically have $50 million to $1 billion in revenue with strong market positions. Sectors of interest include paper and packaging, food and beverages, metals and mining, automotive after-market parts, consumer products, financial services, healthcare, media and communications, building products, telecommunications, technology, retailing and catalogs, restaurants, manufacturing and industrial. Sun Capital was formed in 1995 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 79 of 124
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 30 of 52
State (Utah) 2 of 2
Country (United States) 58 of 87
Year (2016) 6 of 11
Size (of disclosed) 12 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-03 Garden Fresh

San Diego, California, United States

Garden Fresh offers a broad variety of fresh food alternatives in an all-you-care-to-eat format. Each day begins fresh at the more than 100 company-owned restaurants in 11 states. More than 300 million guests since 1978 have helped us be number one in fresh produce and salads, made-from-scratch soups, hot pastas, freshly baked breads and muffins, fresh fruit, desserts, and more. Guests have the freedom to create their own wholesome meal in a one-of-a-kind dining experience in a friendly atmosphere and all at an everyday value.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-16 Admiral Petroleum

Coopersville, Michigan, United States

Admiral Petroleum Co. Inc. is a convenience store business based in the Midwest. The Company, which had been family owned and operated since 1905, is headquartered in Coopersville, Michigan, and includes 130 Admiral-branded gas and convenience stores.

Sell -