Nova specializes in the repair, remanufacture and supply of hydraulics parts to end-users, resellers, repair houses and OEMs.
Latest In Motion & Control Enterprises
Ultimation was recognized in 2020 and 2022 as one of Inc. 5000’s fastest growing private companies in America.
This vehicle will allow for Frontenac’s continued investment in MCE and is expected to fuel the company’s next phase of growth.
MCE has now made 10 acquisitions since January 2021.
The acquisition is MCE's eighth since 2021.
For the month, MDM reported 22 mergers and acquisitions among industrial distributors, the lowest total since May.
The acquisition is MCE's third of 2022 and seventh since 2021.
It marks the second acquisition in 2022 for MCE and its sixth since 2021.
Motion & Control Enterprises reached a deal with the provider of hydraulic repair, precision machining, welding, and fabrication services.
MCE netted four acquisitions in 2021 after reaching deals to acquire RSA, Inc. and Global Controls, Inc., collectively known as RSA.
The deal was the third acquisition of the year for MCE, a portfolio company of the private equity firm Frontenac Co.
MCE makes second acquisition this month with the addition of the Plymouth, Minnesota-based distributor of process instrumentation, flow control valves, actuators and related equipment.
Motion & Control Enterprises, a portfolio company of the private equity firm Frontenac Co., called the addition of Diversified Air Systems a “natural fit with MCE’s fluid power capabilities.”
