FloWorks, a specialty flow control distribution platform backed by Clearlake Capital Group, has acquired SemiTorr Group (SemiTorr), a specialty fluid handling systems and components distributor.
Financial terms of the transaction have not been disclosed.
SemiTorr and its group of companies will operate as a standalone division within FloWorks and retain its well respected brand. Kevin Waddell and his leadership team will continue to manage SemiTorr with support provided jointly by SemiTorr’s and FloWorks’ shared services teams.
RBC Capital Markets, LLC, Jefferies, UBS Investment Bank, Wells Fargo, BNP Paribas, and Audax Private Debt provided debt financing to support the transaction.
