M&A Deal Summary

Texas Pipe & Supply Acquires Industrial Valco

On February 9, 2023, Texas Pipe & Supply acquired distribution company Industrial Valco

Acquisition Highlights
  • This is Texas Pipe & Supply’s 2nd transaction in the Distribution sector.
  • This is Texas Pipe & Supply’s 2nd transaction in the United States.
  • This is Texas Pipe & Supply’s 1st transaction in California.

M&A Deal Summary

Date 2023-02-09
Target Industrial Valco
Sector Distribution
Buyer(s) Texas Pipe & Supply
Deal Type Add-on Acquisition
Advisor(s) Coil Partners Investment Banking (Financial)

Target

Industrial Valco

Rancho Dominguez, California, United States
Industrial Valco is a master distributor serving the industrial and commercial pipes, valves, and fittings market. The Company inventories products from longstanding strategic relationships with domestic and international manufacturers. Industrial Valco is based in Rancho Dominguez, California.

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Buyer(S) 1

Buyer

Texas Pipe & Supply

Houston, Texas, United States

Category Company
Founded 1918
Sector Distribution
DESCRIPTION

Texas Pipe & Supply is a master distributor of carbon pipe, carbon fittings and flanges, stainless pipe and stainless fittings and flanges. Texas Pipe & Supply is a result of maintaining substantial inventories and the highest service level standards in the industry enabling customers to enjoy the benefits of high productivity and industry-leading inventory management. Texas Pipe & Supply was formed in 1918 and is based in Houston, Texas.


DEAL STATS #
Overall 2 of 2
Sector: Distribution M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-02 FloWorks International - MultAlloy Division

Houston, Texas, United States

FloWorks International LLC - MultAlloy Division is a value-added distribution network under one unified brand to better serve its customers, including in the refining, petrochemical, industrial, and power generation end markets and reflects a continuation of the Company's customer-driven strategy.

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