Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Hunt Valve Company Completes Acquisition of Montreal Bronze

Valves
Hunt Valves

Hunt Valve Company Completes Acquisition of Montreal Bronze

Hunt Valve Company (Hunt Valve), a specialty valve engineering and manufacturing company serving the United States Navy and industrial customers worldwide, announced today that it has completed its acquisition of Montreal Bronze Limited (MB Valve).

Hunt Valve is a specialty valve engineering and manufacturing company serving the United States Navy and industrial customers worldwide.  Located in Terrebonne, Quebec, MB Valve supplies severe-duty bronze marine valves. The Company also has a large variety of special bronze and alloy steel products that meet specific performance requirements for U.S., Canadian and NATO-friendly Navy ships, pharmaceutical and nuclear applications.

“The financial and organizational resources afforded by Hunt Valve’s acquisition of MB Valve underpins a new wave of high-performance, cost-effective manufacturing and technical know-how that will be a key part of the Navy supply chain in the coming years,” said David Bala, President of MB Valve.  “It’s not very often that we find an organization that really understands our business.  The Hunt Valve team has deep bench strength in our industry.  Combine that strength with what we bring to the table, and our customers will see the benefit in the long haul.”

“The MB Valve acquisition is another example of Hunt Valve’s commitment to strategically deploy capital in support of the U.S. Navy drive towards a 355-ship fleet and solving U.S. Navy supply chain challenges,” said Charles Ferrer, Hunt Valve’s President.  “MB Valve expands and complements Hunt Valve’s product offering and provides access to additional U.S. Navy and international shipyards and industrial customers.”

Hunt Valve is a portfolio company of Chicago-based May River Capital, a private equity firm focused on lower middle-market industrial growth businesses.  May River Capital completed a recapitalization of Hunt Valve Company in December 2018 by May River Capital Fund I, LP.

“On behalf of Hunt Valve and May River Capital, we would like to congratulate Kay and David Bala on the sale of MB Valve to Hunt and express our sincere thanks for the privilege to work with the tremendous business and team they have built over the last almost 30 years to accelerate the company’s profitable growth,” added Brad Sterner, Hunt Valve Chief Executive Officer.

“Our team is looking forward to fueling Hunt Valve’s growth, both organically and through acquisitions of high-performing businesses such as Montreal Bronze,” said Stephen Griesemer, Partner at May River Capital.  “Our infusion of new capital in Hunt Valve will support additional add-on acquisitions, both within the Navy supply chain as well as complimentary industrial fluidics companies.”

Griesemer noted that the recapitalization and investment were among a series of investments by May River Capital that closed in December 2018 and early 2019.

EC M&A acted as financial advisor for Hunt Valve in conjunction with the Montreal Bronze acquisition.  Houlihan Lokey acted as financial advisor for both Hunt Valve and May River Capital in connection with the Hunt Valve recapitalization.

ABOUT MAY RIVER CAPITAL (www.mayrivercapital.com)

May River Capital is a Chicago-based private equity firm focused on investing in lower middle-market industrial growth companies.  May River Capital invests in high-quality industrial growth businesses, including precision manufacturing, engineered products, specialized industrial services and value-added industrial distribution businesses.

ABOUT HUNT VALVE COMPANY (www.huntvalve.com)

Hunt Valve brings decades of fluid power engineering innovations and solutions to a wide range of industrial and military customers. It specializes in severe duty valves and complementary engineered components and system solutions for applications that include primary metals, energy, process, and U. S. Navy nuclear-powered vessels, including all submarines and carriers in operation as well as the Virginia Class, Columbia Class and Ford Class.

Related Articles

DFT Valve Check Valves For Severe Service

Check Valves For Severe Service

DFT® specializes in manufacturing check valves designed for a wide range of applications, including those that require handling severe service…

Related Whitepapers

Corrective vs. Preventive Maintenance: Which is Better?

Corrective Maintenance This is performed only after a failure occurs in the equipment, which can lead to unexpected downtime and costly repairs. Although it is…

Torque Sensors For Any Application

This guide from S. Himmelstein & Company details their torque sensor solutions, designed to meet the demands of any industry. Learn about: Ultra-Precise Spline Drive…

What is Water Hammer and Why It Is Important to Prevent?

Water hammer (or hydraulic shock) is the momentary increase in pressure inside a pipe caused by a sudden change of direction or velocity of the…

Five Reasons To Choose A Bearingless Torque Sensor

Benefits that improve your torque measurements Best real-world accuracy Highest Overload Highest Overrange

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *