M&A Deal Summary

SemiTorr Acquires McKenna

On May 11, 2021, SemiTorr acquired distribution company McKenna

Acquisition Highlights
  • This is SemiTorr’s 2nd transaction in the Distribution sector.
  • This is SemiTorr’s 4th transaction in the United States.
  • This is SemiTorr’s 2nd transaction in California.

M&A Deal Summary

Date 2021-05-11
Target McKenna
Sector Distribution
Buyer(s) SemiTorr
Deal Type Add-on Acquisition
Advisor(s) Musick Peeler & Garrett (Legal)

Target

McKenna

Gardena, California, United States
McKenna is a distributor, manufacturers’ sales representative, fabricator, and installer of process equipment used for handling air, gas, liquids, and dry bulk solids. The company services several industrial end markets, including oil and gas, petrochemical, chemical, construction, food, utility, waste treatment, aerospace & defense, and more. It brings top sales, engineering, and design capabilities across a variety of product lines to ensure performance for its customers. McKenna was formed in 1978 and is based in Gardena, California.

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Buyer(S) 1

Buyer

SemiTorr

Tualatin, Oregon, United States

Category Company
Founded 1988
Sector Distribution
DESCRIPTION

SemiTorr Group is a sales and distribution company for gas and fluid handling systems and components. Focused on three major market segments high purity, sanitary and industrial – its products include process equipment, pumps, tubing, hoses, fittings, valves, filtration and instrumentation. Semitorr Group was founded in 1988 and is based in Tualatin, Oregon.


DEAL STATS #
Overall 4 of 4
Sector: Distribution M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 2 of 2
Country: United States M&A 4 of 4
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-17 M-I-C

Livermore, California, United States

M-I-C is a distributor and manufacturers’ representation firm with over 45 years’ experience in the instrumentation and process control markets that provides products and solutions for biotech, pharmaceutical, and industrial customers. M-I-C brings offers top quality, industry-leading products to ensure process uptime and long-term performance. It offers a wide variety of products including pumps, regulators, valves, sensors, and flow meters. M-I-C is based in Livermore, California.

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