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Wynnchurch Capital Acquires Majority Stake in FloWorks
Tuesday 24 January 2023

US-based middle market private equity firm Wynnchurch Capital, L.P. has acquired a majority ownership in FloWorks International, LLC from Clearlake Capital Group, L.P, the firm said.

Clearlake will retain a minority stake in the go-forward business.

Headquartered in Houston, Texas, FloWorks is a specialty distributor of critical flow control products and provider of tailored technical solutions for MRO-focused applications.

Wynnchurch is actively seeking investment opportunities for its USD 2.277bn Fund V. In December 2022, Wynnchurch acquired Industrial Service Solutions, a national provider of MRO-focused field, shop, and supply services.

Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies.
Date Published: 24/01/2023