Clearlake Capital Group, L.P. (Clearlake) has completed the sale of a majority interest in FloWorks International, LLC (FloWorks) to Wynnchurch Capital, L.P. (Wynnchurch). Clearlake will retain a minority stake in the go-forward business. Financial terms of the transaction were not disclosed.
FloWorks is a specialty flow control distribution platform providing solutions focused on non-discretionary maintenance, repair, and replacement activities. Under Clearlake’s ownership, FloWorks has completed seven strategic acquisitions, further expanding its flow control product portfolio. The new investment and recapitalization by Wynnchurch will enable the Company to continue executing on its organic and acquisition growth plans.
