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  6. Tencarva Acquires Tri-State Coating & Machine

M&A Deal Summary

Tencarva Acquires Tri-State Coating & Machine

On May 30, 2024, Tencarva acquired machinery company Tri-State Coating & Machine

Acquisition Highlights
  • This is Tencarva’s 1st transaction in the Machinery sector.
  • This is Tencarva’s 2nd transaction in the United States.
  • This is Tencarva’s 1st transaction in West Virginia.

M&A Deal Summary
Date 2024-05-30
Target Tri-State Coating & Machine
Sector Machinery
Buyer(s) Tencarva
Deal Type Add-on Acquisition

Target

Tri-State Coating & Machine

Salt Rock, West Virginia, United States
Tri-State Coating & Machine is a provider of specialized thermal coatings services and related parts to the industrial market. When applied to machined parts, its differentiated thermal coatings create resistance to abrasion, corrosion, and wear. Tri-State Coating & Machine is headquartered in Salt Rock, West Virginia.

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Buyer(S) 1

Buyer

Tencarva

Greensboro, North Carolina, United States
Category Company
Founded 1978
Sector Distribution
Employees350
DESCRIPTION

Tencarva is a distributor of the finest process equipment and services to Industrial and Municipal customers throughout the Southeast United States. Tencarva was founded in 1978 and is based in Greensboro, North Carolina.

DEAL STATS #
Overall 2 of 4
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 2 of 4
State (West Virginia) 1 of 1
Country (United States) 2 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-22 Fischer Process

Loveland, Ohio, United States

Fischer Process is a distributor of pumps, valves, and process equipment servicing Ohio, Indiana, Kentucky, West Virginia, and Georgia. All locations offer full applications engineering capability and complete repair and service centers for rotating equipment and liquid handling equipment. Fischer Process was founded in 1957 and is based in Loveland, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-09 Detroit Pump & Mfg.

Warren, Michigan, United States

Detroit Pump & Mfg. is a full-service distributor and service center of process pumping and fluid handling equipment. The company offers a wide variety of pump styles, including centrifugal, seal-less, gear, self-priming, ANSI, grinder, screw, air-operated diaphragm (AOD/AODD), high pressure, solids handling, chemical metering, mag drive, slurry, multistage, sewage, split case, progressive cavity and submersible pumps. It represents manufacturers in the industry, including Gorman-Rupp, LMI (master stocking distributor), Peerless, Grundfos, All-Flo, Weir, Crane, Cornell, and many others. Detroit Pump & Mfg. was formed in 1926 and is based in Warren, Michigan.

Buy -
Mergr

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