The transaction highlights PKF Investment Banking’s ability to maximize value in a negotiated deal
PKF Investment Banking, the investment banking affiliate and subsidiary of PKF O’Connor Davies Advisory LLC, announced today that it represented Quality Controls, Inc. (“Quality Controls”) in the sale of its business to United Flow Technologies (“UFT”), a portfolio company of H.I.G. Capital, LLC (“H.I.G. Capital”).
“We are extremely pleased with the outcome of this highly synergistic transaction. Serving as the exclusive financial advisors to Quality Controls highlights how PKF Investment Banking can add significant value at any stage of the M&A process,” said Alberto Sinesi, Director at PKF Investment Banking. “We are proud to have guided our client through this critical process and helped position them for continued future growth.”
Headquartered in Waldwick, NJ, and founded in 1992, Quality Controls is an industry-leading manufacturer’s representative and stocking distributor for valve and valve automation, process equipment and process instrumentation. Quality Controls offers a wide range of products and services for industries encompassing power, water, wastewater, chemical, refining and HVAC, amongst others.
Headquartered in Irving, Texas, UFT is a market leader in process and equipment solutions for the municipal and industrial water and wastewater markets. Established by H.I.G. Capital in July 2021, UFT is dedicated to building a market-leading company through strategic acquisitions and organic growth. With a focus on innovation, excellence and customer service, UFT delivers high-quality products and services that drive long-term value for clients across the United States.
“The PKF Investment Banking team provided thoughtful advice throughout the entire process and always had our best interest at heart,” said David Castellano, President of Quality Controls. “Looking back, it was the absolute right decision to engage PKF Investment Banking even though we already had offers from very capable acquirers. We are thrilled to be joining UFT and look forward to building a bright future together.”