Tencarva Machinery Co., a value-add distributor of flow control and process equipment services to the industrial and municipal end-markets and portfolio company of Bessemer Investors LLC, has purchased Fischer Process Industries.
FPI is a distributor of pumps, valves, and process equipment. The firm offers full applications engineering and complete repair and service centers for rotating equipment and liquid handling equipment for customers in Ohio, Indiana, Kentucky, West Virginia, and Georgia.
“We’re very excited about our partnership with Tencarva, which allows us to run a larger platform with the benefit of scale as we grow our business,” said Ken Fischer, FPI president. “Tencarva introduces us to a broader customer and vendor base and enhances our service capabilities in addition to improving back-office efficiencies.”