The Stephens Group announced today that it finalized its acquisition of Quality Valve Inc. from Pfingsten. Terms of the transaction were not disclosed.

Based in Mobile, Alabama and founded in 1994, Quality Valve a distributor of OEM valve replacement and repair parts and accessories, providing a brand-agnostic “one-stop shop” for customers across a variety of end markets with mission-critical MRO needs. Quality Valve supplies over 25,000 orders annually across 500 unique customers covering over 12,500 SKUs from over 100 leading suppliers.

“Quality Valve’s differentiated competitive positioning and their broad suite of low-cost, high-consequence-to-failure products make this business a perfect fit for our specialty distribution focus,” says Grant Jones, managing director at Stephens. “We have a high degree of confidence in CEO Jody Dunn and the entire management team and the business they have built.”

Stephens is a PE firm based in Little Rock, Ark. Backed by the resources of the Witt Stephens, Jr. and Elizabeth Campbell families, the firm has nearly $2 billion in assets under management. Pfingsten is a Chicago-based PE firm that has raised five funds since being formed in 1989 and has total commitments of about $1.3 billion.