M&A Deal Summary

VanZandt Controls Acquires Flatland Forge - Machining Assets

On December 1, 2017, VanZandt Controls acquired machinery company Flatland Forge - Machining Assets from Flatland Forge

Acquisition Highlights
  • This is VanZandt Controls’ 1st transaction in the Machinery sector.
  • This is VanZandt Controls’ 2nd transaction in the United States.
  • This is VanZandt Controls’ 2nd transaction in Texas.

M&A Deal Summary

Date 2017-12-01
Target Flatland Forge - Machining Assets
Sector Machinery
Buyer(s) VanZandt Controls
Sellers(s) Flatland Forge
Deal Type Divestiture

Target

Flatland Forge - Machining Assets

Texas, United States
Flatland Forge - Machining Assets provides machine components for packaging of automated valves.

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Buyer(S) 1

Buyer

VanZandt Controls

Odessa, Texas, United States

Category Company
Founded 2015
Sector Distribution
DESCRIPTION

VanZandt Controls is a specializes in the packaging, distribution, and servicing of automated valves. Lance has quickly grown VanZandt into one of the top providers of automated valves in west Texas. VanZandt Controls was founded in 2015 and is based in Odessa, Texas.


DEAL STATS #
Overall 2 of 2
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 2 of 2
Country (United States) 2 of 2
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-13 D.A. Criswell Sales

Canyon, Texas, United States

D.A. Criswell Sales, Inc. specializes in the packaging, distribution, and servicing of automated valves. The Criswell team brings over 43 years of combined experience supplying valves and automation equipment to numerous industries such as the oil and gas production, pipeline, chemical, and power industries. Criswell possesses a loyal customer base that includes Fortune 500 companies with operations in the Texas panhandle. It also maintains exclusive distributor agreements with select vendors, providing Criswell with a competitive advantage relative to others in the valve automation industry in the form of lower prices and faster delivery times. The Company has regional sales offices in Midland, Texas and El Paso, Texas.

Buy -

Seller(S) 1

SELLER

Flatland Forge

Midland, Texas, United States

Category Company
Sector Manufacturing
DESCRIPTION

Flatland Forge, Inc. specializes in premium forging tools for the horseshoeing and blacksmithing trade. Flatland Forge is based in Midland, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1