Tencarva Machinery Company (Tencarva), the Southeast’s premier value-added distributor of flow control and process equipment solutions and services to the industrial and municipal end-markets, announced that it has acquired Fischer Process Industries (Fischer Process), a distributor of pumps, valves, and process equipment. Fischer Process’s existing management team, including President Ken Fischer, will remain with the company. Tencarva is a portfolio company of Bessemer Investors LLC (Bessemer), a New York-based investment firm. The financial terms of the transaction were not disclosed.
Headquartered in Loveland, Ohio, with additional locations in Alpharetta, Georgia, Owensboro, Kentucky, Marietta, Ohio, and Indianapolis, Indiana, Fischer Process serves customers in Ohio, Indiana, Kentucky, West Virginia, and Georgia. Fischer Process offers full applications engineering capability and complete repair and service centers for rotating equipment and liquid handling equipment in each of its locations.