FloWorks, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), announced it has acquired Genesis Systems, a distributor of control valve, regulator, and valve automation products and systems. FloWorks is a leading MRO focused specialty valve, rotating equipment, and flow control distribution platform differentiated by its specialty products and technical solutions for industrial markets. Financial terms of the transaction were not disclosed.
Founded in 1999, Genesis Systems offers a full suite of valve solutions from the world’s leading manufacturers, servicing a range of industrial and commercial markets, including the petrochemical, power generation, semiconductor, OEM, pharma, building automation and food & beverage industries. Headquartered in Garland, Texas, the company has an extensive, state-of-the-art valve automation center specializing in the assembly, repair and testing of valves and valve automation equipment. The Genesis Systems management team, including Founder Tom LeBlanc, President Mark Auer, and Vice President of Sales Mike Mabry, will continue with the company.
“Over the last two decades, Genesis Systems has earned an unmatched reputation in the valve industry for quality and range of solutions, and we are fortunate to add a company of this caliber to the FloWorks platform,” said Scott Jackson, President and CEO of FloWorks. “Not only will our clients benefit from its breadth of products and depth of experience, but we will also gain access to a premier customer base that we can better assist with our complementary products and services. We welcome Tom, Mark, Mike, and the rest of the Genesis Systems team, and look forward to a strong partnership.”
Courtesy of FloWorks; Clearlake Capital Group.