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Windjammer Capital Investors has been awarded "Middle Market Firm of the Year: North America" in two consecutive years, 2011 and 2012, by DealMakers Monthly magazine.

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Feb, 2014 - Engineered Controls International Acquires Superior Holding


Windjammer Capital is pleased to announce that its portfolio company, Engineered Controls International, LLC (“ECI” or the “Company”), has acquired Superior Holding, LLC (“Superior”). Terms of the transaction were not disclosed.


Superior, based in Cleveland, Ohio and Kirkland, Washington, is a leading manufacturer of mission critical, highly engineered flow control products used in the transportation, delivery and storage of liquefied natural gas (“LNG”) and industrial gases under the Macro and Superior brand names.


Founded in 1908, based in Elon, North Carolina, ECI is a leading global provider of mission critical, highly engineered flow control products used in the transportation, delivery, and storage of liquefied petroleum gas (“LPG”), LNG, and industrial gases. ECI designs and manufactures a comprehensive range of flow control valves and regulators that are sold to domestic and international markets under the RegO and Goddard brand names.  As a market leader, ECI meets the demands of customers across the Americas, Europe, and Asia by offering products synonymous with trust and reliability as a consequence of their consistent quality and performance.

 

“The acquisition of Superior broadens our flow control product offering and accelerates our growth in the LNG market,” said Thom Farrell, CEO of ECI. “Superior’s product line fits well with ECI’s core offering, bringing greater diversification to our business. We look forward to working with the Superior team to drive additional growth.”


“Our add-on acquisition of Superior expands our product offering in the LNG cylinder market and marks our entry into the LNG fuelling station market,” said John Donahue, Managing Director at Windjammer Capital Investors. “The acquisition also strengthens our position in the strategically targeted China LNG vehicle market. We will continue to look to acquire businesses that provide strategic growth opportunities for ECI.”

 

ABOUT WINDJAMMER CAPITAL INVESTORS
Windjammer Capital Investors is a private investment firm focused on control and non-control investments in leading middle market businesses.  ECI represents the second platform investment in Windjammer Senior Equity Fund IV, which manages $726 million worth of commitments and closed in March 2013.  Since its formation in 1990, Windjammer has invested $1.2 billion in over 50 companies across a broad range of industries.  Windjammer's investments range in size from $50 million to $200 million in equity and/or subordinated debt in companies with enterprise values from $75 million to $500 million.  More information on Windjammer can be found at www.windjammercapital.com.

"We were very fortunate to have Windjammer as our partner. Their expertise in working with niche-oriented, leading companies in the middle market, as well as their strategic guidance and resources were valuable to us as we expanded the business."



Dale Schulz, CEO
ST Specialty Foods