Engineered Controls International, LLC has acquired Superior Holding, LLC. Terms of the transaction were not disclosed.
EdgePoint Capital initiated the transaction, including identifying and contacting Engineered Controls International on behalf of Superior, led the negotiations, and served as the exclusive financial advisor to Superior.
Based in Cleveland, Ohio, Superior manufactures and provides logistics for a complete line of gas management systems, compressed gas fittings, assemblies and manifolds for the alternative fuel, welding, cryogenic, medical and specialty gas markets throughout the world.
Engineered Controls International, LLC. designs and manufactures propane valves and regulators for the gas welding industry. The Company was founded in 1908 and is based in Elon, North Carolina.
EdgePoint is a leading investment banking firm focused on providing lower and middle market business owners with merger and acquisition advisory services.