SunSource Holdings, Inc., a distributor of fluid power and fluid process components and systems in the U.S. and Canada, has completed the acquisition of Ryan Herco Flow Solutions (RHFS), a specialty distributor of flow solutions for mission-critical fluids, from Greenbriar Equity Group. Terms of the transaction were not disclosed.
RHFS is the leading nationwide distributor of high-purity and corrosion-resistant fluid conveyance, measurement and control products used in mission-critical systems across a wide range of industrial applications. RHFS distributes a broad portfolio of filtration products, pressure piping systems, tubing and tube fittings, as well as pumps, valves and process instrumentation. RHFS distributes more than 70,000 SKUs from 31 locations to more than 15,000 active customers.
“Like SunSource, Ryan Herco is known for its ability to solve complex customer challenges through its deep supplier relationships and talented professionals recognized in the industry for their technical expertise and customer orientation,” said David Sacher, CEO of SunSource. “This is a highly strategic and complementary combination that will broaden our product offering, enhance our end-market exposure and expand our geographic reach.”
“We are extremely excited about what the future holds for the combined business,” said Randy Beckwith, CEO of RHFS. “The two companies share many of the same business philosophies, including an emphasis on adding value, a focus on customer satisfaction, a commitment to investing in the development of our employees, and a relentless pursuit of continuous improvement driving sustained growth, profitability, and shareholder value. Joining forces will create greater opportunity and value for our customers, employees and suppliers.”‘