Warburg Pincus Completes Acquisition of Sundyne

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Warburg Pincus Completes Acquisition of Sundyne
Warburg Pincus Completes Acquisition of Sundyne

Sundyne, a global leader in the design and manufacture of API compliant pumps and compressors has announced that leading global private equity firm Warburg Pincus has completed the acquisition of Sundyne, from BC Partners Advisors L.P. and The Carlyle Group. This acquisition was initially announced on January 6, 2020. Financial terms of the transaction were not disclosed. As stated in January, Sundyne’s current management team led by CEO Mark Sefcik, will continue under Warburg Pincus’ ownership.

“Warburg Pincus’ and Sundyne’s interests align perfectly, and there is no better financial partner for Sundyne than Warburg Pincus,” said Chief Executive Officer Mark Sefcik. “We are excited to continue to support our customers with our market leading product offering of highly engineered pumps and compressors with the strong financial backing of Warburg Pincus. We have already jointly-identified a number of ways in which Sundyne can accelerate growth and enhance opportunities for our customers, channel partners and employees. We will be focused on executing on these opportunities over the coming months.”

About Sundyne:

Headquartered in Arvada, Colorado with operations and presence in Europe, the Middle East, India, Japan, China and throughout Asia, Sundyne is a leading manufacturer of precision-engineered highly reliable, safe, and efficient centrifugal pumps and compressors for use in hydrocarbon processing, chemical processing, power generation, industrial, and high-pressure water applications.  Sundyne delivers low-flow, high-head integrally geared centrifugal pumps and compressors as well as safe and leakage-free sealless magnetic drive centrifugal pumps and diaphragm compressors.  Sundyne pump and compressor designs are compliant with the industry’s most stringent API, ANSI/ASME, and ISO standards.
 

Posted on April 8, 2020 - (113 views)
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