Rosemont, IL – January 24, 2023 – Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, announced today that it has acquired a majority ownership in FloWorks International, LLC (“FloWorks” or the “Company”) from Clearlake Capital Group, L.P (together with its affiliates, “Clearlake”). Clearlake will retain a minority stake in the go-forward business. Headquartered in Houston, Texas, FloWorks […]
Author Archives: Nicholas Nwanochie
Clearlake sells majority interest in Floworks to Wynnchurch Capital
“The strategic transformation executed at FloWorks in partnership with CEO Scott Jackson and his management team represents an exciting success story,” said José E. Feliciano, Co-Founder and Managing Partner, and James Pade, Partner and Managing Director, at Clearlake. “We identified FloWorks as an asset that could benefit from our proprietary O.P.S.® value creation framework, which involved acquiring […]
Clearlake Capital-Backed FloWorks Acquires Flotech
Acquisition of value-added distributor enhances FloWorks’ product suite and provides significant runway to expand end markets HOUSTON and SANTA MONICA, Calif., Aug. 8, 2022 /PRNewswire/ — FloWorks International LLC (“FloWorks”), a specialty flow control distribution platform backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has acquired Flotech, Inc. (“Flotech” or the “Company”), a […]