The Stephens Group acquires High quality Valve

Little Rock-based The Stephens Group, LLC introduced it finalized its acquisition of High quality Valve, Inc. from Pfingsten, a Chicago-based personal fairness agency shaped in 1989.

Phrases of the transaction, which closed Dec. 6, weren’t disclosed.

Primarily based in Cell, Alabama and based in 1994, High quality Valve is the main distributor of OEM valve alternative and restore components and equipment. High quality Valve provides over 25,000 orders yearly throughout 500 distinctive prospects overlaying over 12,500 SKUs from over 100 main suppliers,

A few of its merchandise embrace varied aid valves, management valves and varied pump equipment together with guides, bellows, springs, digital valve controllers, positioners, mounting kits, strain aid valves, again strain valves, pulsation dampeners chemical serving the petrochemical, energy and utility, refining, water/wastewater and meals and beverage processing industries.

“We’re thrilled so as to add High quality Valve to our household of corporations,” mentioned Grant Jones, Managing Director at The Stephens Group. “High quality Valve’s differentiated aggressive positioning and their broad suite of low-cost, high-consequence-to-failure merchandise make this enterprise an ideal match for our specialty distribution focus. We now have a excessive diploma of confidence in CEO Jody Dunn and the whole administration group and the enterprise they’ve constructed. We’re wanting ahead to working collectively to execute on our shared imaginative and prescient to increase the management of this specialty distribution platform.”

“We’re very excited to associate with The Stephens Group. Their group is aware of our business and enterprise mannequin properly and we sit up for working collectively to assist speed up our development and proceed constructing a market main specialty distribution enterprise,” mentioned High quality Valve’s CEO Jody Dunn. “I credit score our success to our total group. Each worker from operations to gross sales has constructed our enterprise to the place it’s immediately, and I’ve full confidence in our group to execute on this subsequent chapter with The Stephens Group.”