FloWorks, backed by Clearlake Capital Group, L.P. (together with its affiliates, Clearlake) has acquired Genesis Systems, a distributor of control valve, regulator, and valve automation products and systems. FloWorks is MRO focused specialty valve, rotating equipment, and flow control distribution platform differentiated by its specialty products and technical solutions for industrial markets. The financial terms of the transaction were not disclosed.
Founded in 1999, Genesis Systems offers a full suite of valve solutions from the world’s leading manufacturers, servicing a range of industrial and commercial markets, including petrochemical, power generation, semiconductor, OEM, pharma, building automation, and food & beverage industries. Headquartered in Garland, Texas, the company has an extensive, state-of-the-art valve automation center specializing in the assembly, repair, and testing of valves and valve automation equipment. The Genesis Systems management team, including Founder Tom LeBlanc, President Mark Auer, and Vice President of Sales Mike Mabry, will continue with the company.
Genesis Systems will complement FloWorks’ Sunbelt Supply brand, a global provider in the supply and distribution of flow control products including manual valves, automated valves, valve services, and specialty flow products serving the refining, petrochemical, chemical, mining, power generation, marine, and pulp and paper industries. This marks the third acquisition completed by FloWorks over the last two years, including Triple S in 2019 and Oliver Equipment Company (OEC) in 2020.