The Stephens Group acquires Quality Valve
Little Rock-based The Stephens Group, LLC announced it finalized its acquisition of Quality Valve, Inc. from Pfingsten, a Chicago-based private equity firm formed in 1989.
Terms of the transaction, which closed Dec. 6, were not disclosed.
Based in Mobile, Alabama and founded in 1994, Quality Valve is the leading distributor of OEM valve replacement and repair parts and accessories. Quality Valve supplies over 25,000 orders annually across 500 unique customers covering over 12,500 SKUs from over 100 leading suppliers,
Some of its products include various relief valves, control valves and various pump accessories including guides, bellows, springs, digital valve controllers, positioners, mounting kits, pressure relief valves, back pressure valves, pulsation dampeners chemical serving the petrochemical, power and utility, refining, water/wastewater and food and beverage processing industries.
“We are thrilled to add Quality Valve to our family of companies,” said Grant Jones, Managing Director at The Stephens Group. “Quality Valve’s differentiated competitive positioning and their broad suite of low-cost, high-consequence-to-failure products make this business a perfect fit for our specialty distribution focus. We have a high degree of confidence in CEO Jody Dunn and the entire management team and the business they have built. We are looking forward to working together to execute on our shared vision to extend the leadership of this specialty distribution platform.”
“We are very excited to partner with The Stephens Group. Their team knows our industry and business model well and we look forward to working together to help accelerate our growth and continue building a market leading specialty distribution business,” said Quality Valve’s CEO Jody Dunn. “I credit our success to our entire team. Every employee from operations to sales has built our business to where it is today, and I have full confidence in our team to execute on this next chapter with The Stephens Group.”