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AEA SBF Acquires Fluid Flow Products
New York – February 27, 2015 – AEA Investors’ (“AEA” or the “Firm”) Small Business Fund (“AEA SBF”) announced today that its fund has closed the acquisition of Fluid Flow Products, Inc. (“Fluid Flow” or the “Company”), a leading distributor of process control and fluid handling products in the Mid-Atlantic and Southern U.S.
Fluid Flow was established in 1968 as a distributor of fluid handling products and has experienced steady growth over many years through the expansion of its product lines and services, and a focus on engineered solutions for diverse end-markets. Today, the Company’s products include air dryers and compressors, filtration products, steam and process heating products, valves, and instrumentation and control products. With its technically trained sales force, alignment with technology-leading vendors and service capabilities, Fluid Flow continues to support the broad needs of its customer base. Fluid Flow has completed three acquisitions in the past seven years and maintains a robust pipeline that will allow the Company to expand in current geographies and leverage strong vendor relationships into adjacent territories.
AEA Investors LP was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives and leaders; many of whom invest with AEA as active individual investors (“Participants”) and/or join its portfolio company boards or act in other advisory roles. Today, AEA’s approximately 70 investment professionals operate globally with offices in New York, Connecticut, London, Munich and Shanghai. The firm manages funds that have approximately $9 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies and mezzanine and senior debt investments. AEA Private Equity invests across three sectors: value added industrials, consumer, and services. AEA SBF is a strategy within AEA that currently manages nearly $1.0 billion of invested and committed capital. The team seeks to help grow and transform companies at the lower end of the middle market by sponsoring growing companies with proven management teams and superior business models.
About Fluid Flow Products
Headquartered in Charlotte, North Carolina, Fluid Flow serves the industrial marketplace with a comprehensive line of filtration, process control instruments and valve products and services. The Company’s corporate mission statement — “Adding Value to Quality Products” — reflects the commitment of its technical support teams to assist customers with improving the efficiencies of their operations through Fluid Flow’s portfolio of product and service solutions.
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