Bessemer-backed Tencarva buys industrial company Fischer Process

Tencarva Machinery Company is a provider of flow control and process equipment solutions and services.

  • Fischer Process’s existing management team, including President Ken Fischer, will remain with the company
  • Tencarva was founded in Greensboro, North Carolina in 1978
  • Bessemer Investors invests in middle market businesses

Tencarva Machinery Company, a provider of flow control and process equipment solutions and services, has acquired Loveland, Ohio-based Fischer Process Industries, a distributor of pumps, valves and process equipment. No financial terms were disclosed.

Fischer Process’s existing management team, including President Ken Fischer, will remain with the company. Tencarva is a portfolio company of Bessemer Investors LLC.

Ed Pearce, president of Tencarva, said in a statement, “Fischer Process Industries has a long track record of success, a skilled management team and strong service capabilities. The partnership brings the addition of valves to Tencarva’s product line and gives us access to new markets in Indiana, Kentucky and Ohio while bolstering our presence in Georgia. Fischer Process and Fischer Process-South, which will also join us, are the perfect complement to Tencarva’s existing platform, which we plan to continue expanding through strategic acquisitions.”

Tencarva was founded in Greensboro, North Carolina in 1978. Tencarva employs over 380 employees, including over 100 employee shareholders, across 28 locations in the Southeast.

Bessemer Investors invests in middle market businesses.