Amberjack Capital Partners, a Houston-based private equity firm focused on critical infrastructure services has completed the acquisition of PMV Automation from Flowserve Corporation. Amberjack made the investment in partnership with industry veterans Joseph Jobe and Micah Floyd, who will lead the company post-closing. Penguin Capital participated as a co-investor in this deal.
About PMV
PMV is a global provider of control valve positioners, limit switches, and associated automation products serving a broad range of process industries. Initially founded over 85 years ago, PMV’s products have been used across a wide array of end markets including water, wastewater, power, pulp and paper, pharmaceutical, food and beverage, chemicals and refining where customers depend on precise, reliable valve automation for the safe and efficient operation of their facilities. As an independent company, PMV is focused on investing in its product platform, deepening relationships with distributors and OEM partners, and pursuing growth opportunities that build on its established brand and global installed base.
“PMV is exactly the kind of business we look for at Amberjack: a trusted brand with mission-critical products, deep customer relationships, talented and dedicated employees, and meaningful growth opportunities,” said Jason Turowsky, Managing Partner at Amberjack Capital. “We are excited to partner with Joey, Micah, and the entire PMV team to continue the legacy of this longstanding, technology-driven brand as we support its next chapter of growth.”
Read the full announcement in Amberjack Capital’s press release