Flow control and process equipment distributor Tencarva Machinery acquired Detroit Pump & Mfg. Co.
Terms of the transaction were not disclosed, but Tencarva was backed by New York-based private equity firm Bessemer Investment.
Warren, MI-based Detroit Pump is a distributor of process pumping and fluid handling equipment for municipalities and manufacturers. Established in 1926, the company provides customers with a diverse range of pumps, including centrifugal, seal-less, self-priming, submersible pumps and others.
“Detroit Pump is a value-added service provider with an extensive product offering across the entire state of Michigan,” Tencarva President Ed Pearce said in a Jan. 9 news release. “This acquisition allows Tencarva to enter a new market with like-minded, customer-oriented team members. Detroit Pump further strengthens our position as one of the leading industrial and municipal pump distribution and service companies in the country.”
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Tencarva’s most recent previous acquisition was of Salt Rock, WV-based Tri-State Coating & Machine, completed on May 30, 2024.
The company was No. 43 on MDM’s Top Distributors List for Industrial Supplies.
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