FloWorks acquires Genesis Systems
FloWorks, backed by Clearlake Capital Group, has acquired Genesis Systems, a distributor of control valve, regulator, and valve automation products and systems.
FloWorks is an 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.
Headquartered in Garland, Texas, Genesis 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."
FloWorks is a holding company for several flow solutions providers including Sunbelt Supply, Oliver Equipment Company, Triple S, Major Inc. and National Valve.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
