M&A Deal Summary

Flow Control Holdings Acquires Strahman Group

On July 19, 2023, Flow Control Holdings acquired manufacturer Strahman Group from CID Capital

Acquisition Highlights
  • This is Flow Control Holdings’ 6th transaction in the Manufacturing sector.
  • This is Flow Control Holdings’ 7th transaction in the United States.
  • This is Flow Control Holdings’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2023-07-19
Target Strahman Group
Sector Manufacturing
Buyer(s) Flow Control Holdings
Sellers(s) CID Capital
Deal Type Add-on Acquisition

Target

Strahman Group

Bethlehem, Pennsylvania, United States
Strahman Group is a manufacturer and designer of the highest quality and best-performing valve products. Strahman develops innovative solutions to complex problems and engineers products with world-leading performance and value. Strahman Group was founded in 1921 and is based in Bethlehem, Pennsylvania.

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Buyer(S) 1

Buyer

Flow Control Holdings

Cincinnati, Illinois, United States

Category Company
Founded 2018
Sector Manufacturing
DESCRIPTION

Flow Control Holdings specialize in highly engineered sanitary and high purity flow components for market-critical applications within the food, beverage, and pharmaceutical industries. Flow Control Holdings was founded in 2018 and is based in Cincinnati, Illinois.


DEAL STATS #
Overall 7 of 7
Sector (Manufacturing) 6 of 6
Type (Add-on Acquisition) 7 of 7
State (Pennsylvania) 1 of 1
Country (United States) 7 of 7
Year (2023) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-24 Flowtrend

Houston, Texas, United States

Flowtrend is a manufacturer of repair kits and components for the sanitary industry. The company develops fluid-handling equipment and parts that we sell to distributors and clients at a fraction of OEM prices – providing guaranteed compatibility and exceptional value. It partners with distributors worldwide to provide exceptional service and rapid response to parts requests. This global network of full-service distributors serves a variety of industries, including food, meat, beverage, dairy, brewery, cosmetic and pharmaceutical processing. Flowtrend was formed in 2005 and is based in Houston, Texas.

Buy -

Seller(S) 1

SELLER

CID Capital

Indianapolis, Indiana, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 500M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

CID Capital is a private investment firm that makes both venture capital and private equity investments. CID's private equity practice invests $10 to $15 million of equity capital in lower middle-market companies with $10 to $100 million of revenue and at least $3 million of cash-flow. Funds are generally used to support divestitures, management buyouts, leveraged buyouts, shareholder liquidity, recapitalization, and growth financing. Areas of interest include industrial products and services, general distribution, safety and security products, branded consumer products, medical products and services, building products, and food manufacturing. The Firm prefers investments located within the US. CID Capital was formed in 1981 and is based in Indianapolis, Indiana.


DEAL STATS #
Overall 25 of 25
Sector (Manufacturing) 5 of 5
Type (Add-on Acquisition) 11 of 11
State (Pennsylvania) 2 of 2
Country (United States) 25 of 25
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-18 Midwest Remediation

Indianapolis, Indiana, United States

Midwest Remediation is a remediation, restoration, and emergency response business. With 24/7 customer service and IIRC-trained specialists, focuses on restoration services in response to catastrophic events such as water damage, fire damage, mold remediation, and trauma cleanup. Midwest Remediation was founded in 1989 and is based in Indianapolis, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-16 Kind Water Systems

Daytona Beach, Florida, United States

Kind Water Systems provides water treatment systems that help homeowners protect their families from potentially dangerous impurities in their water, as well as protect their plumbing, fixtures, and appliances from the damaging effects of hard water scale. Kind Water Systems is based in Daytona Beach, Florida.

Buy -