Industrial distributor Motion & Control Enterprises — a Zelienople, Pennsylvania-based portfolio company of the private equity firm Frontenac Co. — has acquired Mabank, Texas-based Lone Star Machine Works.
Financial terms of the deal were not disclosed.
Lone Star is a full-service provider of complex hydraulic repair, precision machining, welding, and fabrication services, with 42 associates and services industrial end-user and OEM customers across Texas, Oklahoma, Louisiana, Arkansas and other locations.
“We are very excited to welcome the Lone Star associates to the MCE team,” said Charles Hale, chairman and CEO of MCE.
Hale added that “LSMW’s hydraulic repair capabilities are critically important for today’s customer and are consistent with our strategy of being a full-lifecycle provider of highly-engineered products and services. Lone Star is an industry leading provider of hydraulic repair services, and the strategic combination of our businesses will be positive for our customers and employees.”
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