Colville Capital Pumps Adds On to Portfolio Company
February 5, 2013
Motion and Flow Control Products, a Colville Capital portfolio company, has acquired Hydraulic Energy Products as an add-on. Motion and Flow distributes fluid connectors, fluid power equipment, instrumentation fittings, seals and valves throughout the Western U.S. Its acquisition of HEP brings in hydraulic repair services in the Denver metro area and will allow the combined company to create new opportunities with existing customers. Colville Capital acquires controlling interests in smaller companies, with values ranging from $10 million to $50 million. The firm has identified the fluid power business as a long-term strategic industry.