Generational Group Advises Applied Controls Corporation in its Sale to Wynnchurch Capital

By Generational Group

12/05/2024

Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, Applied Controls LLC and AC Systems Integration LLC (collectively, ​“Applied Controls” or the ​“Company”) to FloWorks International LLC (“FloWorks”), a leading specialty distributor of critical flow control products and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company.

Headquartered in Tulsa, OK, Applied Controls is a provider of industrial process controls and analyzer systems, serving a diverse customer base across industrial end markets. Applied Controls designs and delivers innovative process controls solutions for demanding customer applications.

Tim Leger and Robb Vanskike, Founders of Applied Controls, said, ​“This is an exciting new chapter in our company’s history. We are thrilled to join forces with FloWorks and leverage the breadth of resources FloWorks provides.”

Headquartered in Houston, Texas, FloWorks is a leading specialty distributor of critical flow control products and provider of tailored technical solutions for MRO-focused applications. The Company serves customers across chemicals, downstream refining & renewables, high purity & sanitary, and other industrial end markets. FloWorks’ product categories include valves & automation, corrosion resistant flow control, rotating equipment, flanges, filters & purifiers, and instrumentation. For more information, please visit: www​.gofloworks​.com.

Scott Jackson, CEO of FloWorks, said of the transaction, ​“Applied Controls has a long track record of technical expertise and customer service. We are excited to partner with Tim, Robb and the team at Applied Controls to accelerate the company’s growth. Applied Controls expands FloWorks’ product offering to include process controls, heat trace and analyzer systems which broadens the technical solutions for our customers.”

Based in Rosemont, Illinois, Wynnchurch Capital is a private equity firm specializing in middle-market investments in industries like manufacturing, distribution, and industrial services. Since 1999, Wynnchurch has partnered with companies to drive growth, enhance operations, and create long-term value. Known for its strategic expertise and collaborative approach, the firm helps businesses overcome challenges and achieve their full potential.

Generational Group Executive Managing Director, M&A – Michael Goss, and his team led by Senior Vice President, M&A, Jon LePage successfully closed the deal. Senior M&A Advisor, Ken Beckrich established the initial relationship with Applied Controls.

“Applied Controls is an outstanding organization with a special combination of world class talent and best in class product offerings. Tim and Robb built a remarkable company and a brand that is trusted throughout the market. FloWorks is a powerhouse that shares many of the same core values making for the perfect partner. It will be exciting to watch them deliver tremendous value to their clients together,” said LePage.

Ryan Binkley, CEO of Generational Group, added, “At Generational Group, we are proud to facilitate such impactful transactions.”