M&A Deal Summary

SCF Partners Acquires DeltaValve

On August 30, 2024, private equity firm SCF Partners acquired manufacturer DeltaValve from CIRCOR

Acquisition Highlights
  • This is SCF Partners’ 8th transaction in the Manufacturing sector.
  • This is SCF Partners’ 31st transaction in the United States.
  • This is SCF Partners’ 1st transaction in Utah.

M&A Deal Summary
Date 2024-08-30
Target DeltaValve
Sector Manufacturing
Buyer(s) SCF Partners
Sellers(s) CIRCOR
Deal Type Divestiture

Target

DeltaValve

Sandy, Utah, United States
DeltaValve is a provider in the design, engineering, and manufacturing of critical service equipment for delayed coking. The renowned fully automated coke drum unheading technologies and unparalleled support services have become a global standard for safe, reliable, and easy-to-operate coke drum unheading. DeltaValve was formed in 2001 and is headquartered in Sandy, Utah.

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Buyer(S) 1

Buyer

SCF Partners

Houston, Texas, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 2.0B USD
Size Large
Type Sector Focused
DESCRIPTION

SCF Partners Ltd. is a specialist private equity firm that targets investments in energy service and equipment companies with operations around the world. SCF provides both equity capital and strategic guidance over the life of the investment which typically lasts five years. The Firm's target investment size is $10 to $100 million. SCF looks to grow portfolio companies through internal growth initiatives and through acquisitions. SCF Partners was formed in 1989 and is based in Houston, Texas, with additional offices in Aberdeen, Scotland and Calgary, Alberta.

DEAL STATS #
Overall 55 of 56
Sector (Manufacturing) 8 of 8
Type (Divestiture) 9 of 10
State (Utah) 1 of 1
Country (United States) 31 of 32
Year (2024) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-30 TapcoEnpro

Channelview, Texas, United States

TapcoEnpro products are FCCU valves, actuators, and hydraulic power units (HPUs). The Company provides equipment and service developed to outperform industry standards for safety, performance and reliability and becoming the partner of choice for processing facilities, enabling plants to operate safely and without unplanned shutdowns. TapcoEnpro was formed in 1946 and is headquartered in Channelview, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-13 Newpark Fluids Systems

The Woodlands, Texas, United States

Newpark Fluids Systems provides drilling and completion fluids products and related technical services to customers for oil, natural gas, and geothermal projects primarily in North America, Europe, the Middle East, and Africa, as well as certain countries in Asia Pacific. NFS utilizes a fluids-focused and global reach, local knowledge approach to improve the efficiency & productivity of customer operations globally.

Buy -

Seller(S) 1

SELLER

CIRCOR

Burlington, Massachusetts, United States
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 6 of 6
Sector (Manufacturing) 2 of 2
Type (Divestiture) 5 of 5
State (Utah) 1 of 1
Country (United States) 5 of 5
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-30 TapcoEnpro

Channelview, Texas, United States

TapcoEnpro products are FCCU valves, actuators, and hydraulic power units (HPUs). The Company provides equipment and service developed to outperform industry standards for safety, performance and reliability and becoming the partner of choice for processing facilities, enabling plants to operate safely and without unplanned shutdowns. TapcoEnpro was formed in 1946 and is headquartered in Channelview, Texas.

Sell -
Mergr

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