FloWorks International Acquires CAC Industrial Equipment, Expanding Presence in Canada
FloWorks International LLC (“FloWorks”), a leading specialty distributor of critical flow control products and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, has announced the acquisition of CAC Industrial Equipment Ltd. (“CAC” or the “Company”). This strategic acquisition strengthens FloWorks’ market position and enhances its ability to serve key industrial sectors in Canada.
Overview of the Acquisition
Headquartered in Victoria, British Columbia, CAC Industrial Equipment Ltd. is a well-established distributor of pumps and related parts, offering repair services to customers across multiple industrial sectors. CAC primarily serves clients in the mining, aggregate, water, and general industrial markets, providing essential equipment and maintenance solutions to ensure operational efficiency.
The acquisition is expected to expand FloWorks’ offerings by integrating CAC’s expertise in pumps, further strengthening its ability to provide comprehensive solutions to customers across North America. By bringing CAC into its fold, FloWorks reinforces its commitment to enhancing customer support, service capabilities, and product availability in the region.
Leadership Perspectives
Scott Jackson, CEO of FloWorks, expressed enthusiasm for the acquisition, highlighting CAC’s outstanding track record in the industry. “Laurie and his team have built an exceptional business, and we are thrilled to have CAC join the FloWorks platform. CAC strengthens FloWorks’ pumps offering and expands FloWorks’ presence in Canada. This acquisition aligns with our long-term strategy of enhancing our product and service portfolio while broadening our geographical reach,” said Jackson.
Laurie Cavaggion, President of CAC, shared similar excitement about the new chapter for the company. “Reaching this next step in CAC Industrial Equipment Ltd.’s journey is thanks to the hard work of our team. We’ve achieved a great deal of momentum, and we’re thrilled to continue our mission with FloWorks. Our customers will benefit from the additional resources and expanded product availability that come with being part of a larger organization,” he stated.
Strategic Impact and Market Expansion
The acquisition of CAC represents the fifth such transaction completed by FloWorks under Wynnchurch’s ownership. This consistent expansion strategy demonstrates FloWorks’ dedication to strengthening its capabilities and improving service offerings for its customers.
CAC’s expertise in pumps and related services will complement FloWorks’ existing portfolio, which includes a diverse range of flow control solutions such as valves, fittings, and specialty instrumentation. By integrating CAC’s capabilities, FloWorks will enhance its ability to provide end-to-end solutions for industrial clients in critical sectors such as mining, water management, and heavy manufacturing.
Canada’s industrial sector has been experiencing steady growth, particularly in the mining and water treatment industries. The acquisition positions FloWorks to capitalize on these expanding markets, offering tailored solutions and improved service efficiency.
Strengthening Service Capabilities
One of the key benefits of this acquisition is the enhancement of service capabilities. CAC’s repair services provide customers with essential maintenance and support to ensure the longevity and efficiency of their equipment. By incorporating CAC’s repair expertise, FloWorks can now offer a more holistic service package to its clients, reducing downtime and improving operational reliability.
Additionally, will leverage CAC’s established customer relationships and regional market knowledge to strengthen its foothold in Canada. The collaboration will create synergies that improve supply chain efficiency, reduce lead times, and provide more competitive pricing for customers.
Legal and Financial Advisory
For the transaction, Foley & Lardner LLP acted as the legal advisor to and Wynnchurch. The acquisition was carefully structured to ensure a smooth transition while maintaining continuity in CAC’s operations and customer relationships.
The acquisition of CAC Industrial Equipment Ltd. marks a significant milestone for as it continues to expand its presence in North America. By integrating CAC’s specialized expertise and customer-focused approach,strengthens its ability to serve a wider array of industries with high-quality flow control products and services.
As part of, CAC will continue to operate under its established brand while benefiting from the resources, technology, and operational efficiencies of a larger organization. Customers can expect continued excellence in service, along with access to an expanded portfolio of products designed to meet the evolving needs of industrial operations.
This acquisition reflects ongoing commitment to strategic growth, ensuring that it remains a leading player in the flow control industry. By investing in complementary businesses like CAC,positions itself for sustained success and continued innovation in the years to come.
